BT Offer Period End Date vs 0% End Date

winthorpe_buyers

Trying to get debt under control, I have just been offered a 0% Balance Transfer card from Vanquis.

Due to low credit score and having already taken out another 0% Balance Transfer in June, only managed to get a 6-month offer. But, the wording of the offer is confusing me.

The offer in my email after opening the CC says:

"0% on balance transfers for 6 months (2.90% fee)

Offer available until midnight 25 May 2025)"

My question is, does this mean that if I made a balance transfer in April, I would have 6-months 0% from the date of the balance transfer? Or does it just mean, the 6-month window has begun (the 25th was 6-months from the when I received the email), and I now have 0% on any balance transfers until 25 May 2025, no matter when the balance transfer is done?

CliveOfIndia

winthorpe_buyers said:

Or does it just mean, the 6-month window has begun (the 25th was 6-months from the when I received the email), and I now have 0% on any balance transfers until 25 May 2025, no matter when the balance transfer is done?

This.  The end date of the promotional period is fixed.  If you do a BT as soon as the account is opened then you'll benefit from 6 months of 0%, but if you do another BT on 25th April you'd only get 1 month interest-free.

Actually, double-check the T&Cs of your particular offer.  Some cards will give you 0% on any BT done during the promotional period, but some will restrict it to transfers done during the first 60 or 90 days of account opening.