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Minimum Payments Gone Up!
southernscouser
Posts: 33,745 Forumite
What a nightmare!
Transferred from Egg CC to Tesco CC to take advantage of 7.9% for life of balance. Made sense seeing as though Egg APR is higher!
However, the minimum payment for Tesco is 3% of the balance as opposed to 2% with Egg, therefore my minimum payments are higher!
I know in the long run this is better but at the moment the payments are higher than before!
Am thinking of transferring a big whack to my 0% Amazon card but am not sure what % of that I have to pay!
Transferred from Egg CC to Tesco CC to take advantage of 7.9% for life of balance. Made sense seeing as though Egg APR is higher!
However, the minimum payment for Tesco is 3% of the balance as opposed to 2% with Egg, therefore my minimum payments are higher!
I know in the long run this is better but at the moment the payments are higher than before!
Am thinking of transferring a big whack to my 0% Amazon card but am not sure what % of that I have to pay!
0
Comments
-
The minimum payment is 2% or £5 whichever is more as per condition 2.2.
I thought we'd discussed this?2014 Target;
To overpay CC by £1,000.
Overpayment to date : £310
2nd Purse Challenge:
£15.88 saved to date0
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