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Barclaycard - heck any card!
tinymcfc
Posts: 49 Forumite
in Credit cards
Hi people,
This may be a well known question but thought I'd stick it in anyway as I have no idea. Anyway I'm thinking of getting a football Barclaycard to get a season ticket for next season, you dont pay interest on it blha blah blah. Anyway does anyone know how these companies work out their minimum repayments and how much it would be for a £550ish balance?
thanks in advance.
This may be a well known question but thought I'd stick it in anyway as I have no idea. Anyway I'm thinking of getting a football Barclaycard to get a season ticket for next season, you dont pay interest on it blha blah blah. Anyway does anyone know how these companies work out their minimum repayments and how much it would be for a £550ish balance?
thanks in advance.
0
Comments
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Minimum payment usually range from 2-5% depending on the type of card. This information is included in the summary box as well as on the terms and conditions of your card.
A minimum payment for a balance of £550 would be around £11 - £27.50 (median £19.25).0 -
You pay 2.5% of the balance, so £13.75 for the first month then gradually decreasing month on month.0
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