Interest Free Period Ending?

Mar 30, 2007 3 Replies
G

I am coming to the end of a 9 month 'Interest Free on Purchases' offer with NatWest. Now, The period is stated to end on 4 April. The latest statement (only the paper one) is due to be paid on 29th March. It also states that, if I only pay the minimum amount, the estimated interest next month will be zero. Since the next statement will require payment on 29 April (long after



4 April), I am a bit worried. Should I, belatedly, try to pay the whole lot off by 4 April, or should I be careful not to purchase anything after 4 April, or am I safe in just paying the min now, and paying off on 29 April? Or any combination of these and other tactics? Does anyone know, and are they willing to well me?
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M

MBNA caught me like this, pay it off NOW or if you owe a decent amount you will find a huge lump of interest added on.

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G

Well, I paid it off on time. I was tempted to leave it, just to see what would have happened. Now I shall never know, and maybe I would have made more profit had I done so :-)

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M

very sensible, you would only have a earnt a few pounds by leaving it till the brink, the risk isn't worth it, I found. It is possible to phone them and say 'when does interest free have to be paid by?

Mrcheerful

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