sovietchild
New member
Hi, I have a sum of money to transfer to a balance transfer card.
I most likely will not be able to clear the amount in the 12 month 0% period.
There is a 4.9% for 48 months.
Now the 0% has a 5% fee and the other option does not have any fee other than the 4.9%apr.
I could clear the balance in 13 months meaning that the interest would be cheaper than the upfront fee at 0%.
Am I looking at this the right way? Cheers
I most likely will not be able to clear the amount in the 12 month 0% period.
There is a 4.9% for 48 months.
Now the 0% has a 5% fee and the other option does not have any fee other than the 4.9%apr.
I could clear the balance in 13 months meaning that the interest would be cheaper than the upfront fee at 0%.
Am I looking at this the right way? Cheers