When to pay off Balance Transfer

sausage_time

I have  couple of chunky 0% interest balance transfers that expire on 18th and 25th February.  The Direct Debit is slated for 2nd February, and is currently set to the minimum (as it has been for the duration of the BT). There are no other purchases or other transactions on the card.

Is it OK to let the direct debit run and make a manual payment in the days before each expiry?  And is it OK to deduct the D/D amount from the payment towards the 18th sum?

I don't want to mess up and be hit with interest!  The T&Cs are somewhat vague, but above seems in line with how payments would be allocated.

It's a NatWest (formerly Sainsbury) card if that makes a difference.

martinbainbridge1975

as long as you pay off and the funds are cleared by the required dates then should not be an issue.

would maybe pay the balance 3 working days before the end date just to be sure 

flaneurs_lobster

Since interest is not being charged on the balance (which is rather the point), paying off the balance(s) at any point prior to the 0% end date will be fine. 

The outstanding balance will show on the online card account after the 2Feb DD has been credited, just pay it manually prior to the end date, I normally pay my cards 3-4 working days prior to the payment required date, just being cautious.

EDIT : Note you have an ex-Sainsburys card, can you access it OK on Natwest online/app?

sausage_time

Thanks both of you.  Looks like I can eek out a few more £5s of interest.

flaneurs_lobster said:

EDIT : Note you have an ex-Sainsburys card, can you access it OK on Natwest online/app?

Yes I can - but I wasn't previously a NatWest customer so it was a clean setup.  I can see on the app and on-line.

HillStreetBlues

For the CC I pay manually, I pay on due date, My BT on my Barclaycard runs out on 1st April, and that's the day they get their money.

EDIT have a look at your statements, with BC I get until 11.45pm to pay with my debit card, enough time to scape another day of interest.