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0% fixed apr for 12 months

I have a 0% fixed apr credit card offer. Before I apply, does this offer mean that I only have to pay off my 'monthly minimums' for 12 months and pay off my balance in full before the end of 12 months?

Comments

  • RavingMad
    RavingMad Posts: 823 Forumite
    Part of the Furniture 500 Posts Name Dropper Combo Breaker
    Yes to the part of the minimum payments but no to the part of the full balance. After 12 months they'll start charging you interest on your remaining balance
  • exel1966
    exel1966 Posts: 5,081 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Yes, pay the minimum each month by the due date and ensure the FULL balance is repaid within 12 months to ensure no charges whatsoever.

    PS. This site deals with specific UK issues/cards. It's unlikely, but there may be different issues with US cards.
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