We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Capital One BT till 1st Jan 2007
obeywan_kenobe
Posts: 121 Forumite
in Credit cards
Is there a catch somewhere because i work this out as 16months interest free?
0
Comments
-
It's 15 months now, but could be 14 months by the time your application and BT are completed.obeywan_kenobe wrote:Is there a catch somewhere because i work this out as 16months interest free?
There is a 2% uncapped BT fee (the major "catch" for someone with a high balance to transfer).
The minimum repayments are 3%.
Cap One have a bit of a reputation for sending you a totally different product than the one you applied for. There have been many stories on here this year about people applying for their 18 month 0% card and getting 9 month 0% cards or higher %APR cards.
On the positive side, it's the longest deal on the market and might tempt some people who were considering LOB deals for some stability.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.5K Banking & Borrowing
- 253.7K Reduce Debt & Boost Income
- 454.5K Spending & Discounts
- 245.5K Work, Benefits & Business
- 601.4K Mortgages, Homes & Bills
- 177.6K Life & Family
- 259.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards