0% on purchases for X time period

[koruschristian]

Does this mean if I make a purchase within the 0% period i dont pay any interest at all on that transaction or will i pay interest on that transaction when the period is up?

 

[krissyp]

@koruschristian If you make a purchase during the 0% period and make payments on time, you will not pay any interest.

If you're still making payments after the 0% offer has ended, you will pay interest at X% on the remaining balance.

Be sure to check the terms and conditions of your offer though. For example, the 0% offer can last 24 months but payments have to be made within 30 days etc. If you fail to meet any conditions, your 0% offer can be removed and will be at whatever the rate would be normally.

 

[floof]

@koruschristian Generally it means that purchases have zero interest until the period expires. Usually it's all purchases within the period but sometimes it's only purchases in a qualifying period such as first 6 months. You will have to check your card specific t&cs. You still need to make the minimum payment usually.

 

[alexhendry]

@koruschristian You will pay interest whenever the period is up.