Credit Card Phobe!

Elsterap

Please help. I need some money for about 3 months until i can get a job. (I'm a student on placement for 40hours a week for free, but soon im only going to be at university one day a week!) Oh and ive maxd out my student overdraft,
I'm reffering to the http://www.moneysavingexpert.com/redir/dabee31d mentioned in the weekly email.


Is this really as good as it sounds? I mean i can spend on it for a few months and not have to pay any interest on it? Even when i pay it off? It talks about the cost of balance transfers? Will that concern me?
I don't want to pay it off at all each month, i just want to pay it off at the end? Will that cost me? And is that difficult to arrange?

Thankyou

Zebedee69

You almost nearly had me then!

The Zebedee Spam Meter Says.....



Affiliate referal link..... Spamalicious baby!

Elsterap

I'm not a spammer. That link was the one i got from the email (so if anyone benefits its this site!)
But because of people like you trying to spoil a question that i really need the answer to i will change the link so it will without doubt in my mind benefit this site but take you to the same page.
Thankyou for ruining my genuine question.
http://www.moneysavingexpert.com/redir/dabee31d

P.S. I think the zebedee spam meter is broken

daveboy

It is a credit card....(stating the obvious but in this case the obvious really does need to be stated).

You have no income - the first thing that is required before any lender would dream of giving you a card.

No interest is charged for the first year, but you still have to pay the minimum payment each month, which is usually around 3% of the amount on the card.

A balance transfer is when you transfer a debt that already exists from one credit card to another, therefore it won't apply to you - as one you haven't got another card, and two, you won't get this one if you have no income from employment.