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Credit card query?
thriftybabe
Posts: 689 Forumite
in Credit cards
Sorry for being a bit thick 
but want to make sure that i definitely do not pay any interest on this credit card. Took a capital one 0% interest credit card out in July this year and the 0% interest is due up in may. I have had a statement through saying that if my minimum payment is cleared by 7 may then my estimate interest payable next month is £0.00. So will next statement then say what interest is due? Sorry new to this and do not want to have wasted my time do all this to then pay interest on the card.
thanks
but want to make sure that i definitely do not pay any interest on this credit card. Took a capital one 0% interest credit card out in July this year and the 0% interest is due up in may. I have had a statement through saying that if my minimum payment is cleared by 7 may then my estimate interest payable next month is £0.00. So will next statement then say what interest is due? Sorry new to this and do not want to have wasted my time do all this to then pay interest on the card.thanks
0
Comments
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The current crop of Capital One card's have the "0% until the date of your xxxx statement" condition, and have done for a while now. Check your own T&C's to see if they were the same last July.
If they are, then you need to pay the card off/transfer any debt away by your May STATEMENT date (a few days after 7th May?)...not by any payment due date.0
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