Thursday, June 17, 2010

Credit cards end of 0% on purchases offer?

I got a credit card in october with 0% on purchases until april. so far ive spent about a grand on the card. I know that if i dont pay off the entire balance before the offer ends i get charged interest on the balance . what i need to find out is when(the date) the interest gets charged from. is it from the date of my purchases? or from when the offer ends? thanks



Credit cards end of 0% on purchases offer?heart rate





Read the credit card agreement. It should be at the end of the introductory period, but in some cases you may be accruing interest that will be charged if you don%26#039;t pay the debt off in time. It depends on the agreement that came with the card.



Also look out for two-cycle billing. You may pay the balance off in April and still get hit with interest in May. Again you have to read the fine print.



Credit cards end of 0% on purchases offer?

loan



Depends on your particular card agreement.



This is a question for Customer Service of your card company, in order to receive a quotable and correct answer.|||Most cards charge interest from the date of purchase. But call the number on the back of the card and ask to verify.|||I would assume the date the offer ends, but you would need to check the terms and conditions of your offer.|||Basically you need to pay of all purchases made before April



go on to:-



moneysupermarket.com



This site will list the best loans/credit cards available|||Just transfer your credit card to another company. Think virgin are doing the best deal at moment, check the other users comments. They make some valid points. You can keep switching without repaying the debt, eventually it will catch up with you. Gives you a chance to save and pay it of in a lump sum.|||Not all credit cards are the same. Many offer exclusive deals on 0% balance transfers, 0% on purchases and even offer cash back and rewards on every purchase you make. More Info



Now is the best time to compare credit cards that will suit your finances.



A balance transfer credit card is the most popular card on offer at the moment. With 0% balance transfer deals for 12 months becoming more common, you could save a substantial amount in saved interest payments. Please be aware that in order to keep your 0% balance transfer offer ongoing you are required to pay the minimum payment to your credit card balance.



If you plan to make any substantial purchases then a 0% credit card that offers 0% on purchases for a limited time may be right for you. Interest is not applied to any purchases that are made during the 0% interest free period. By using a 0% purchase credit card you could save on interest payments if you had decided to take out a personal loan for the same period as the introductory offer.



More information from: http://www.card-city.com|||the offer ends on the date specified, ie april and you will be charges interest on all purchases from that date whether you bought your stuff in november or march, hope this helps|||Take a look at this information page http://www.youbigg.com/Credit-Cards.html it lists types of cards and information, it should also answer your question.

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