on 20-05-2019 07:07 AM
Sorry if this is really obvious to everyone, but I'm a bit confused about the current 0% interest for 6mths. Looking at the conditions, you still need to pay the monthly statement in full to avoid the interest rate. How is this really 0% for the first 6months? Am I missing something here?
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on 20-05-2019 02:22 PM
Hi @AngieK , thanks for your question. While the conditions of the card will state that you need to pay the statement in full each month to avoid purchase interest, the interest rate is adjusted to 0%pa on purchases for the first 6 months. Please keep in mind that you will need to continue to pay at least the minimum installment to the card.
This promotional interest rate is only applicable to purchases so cash advance interest and balance transfer interest would still be charged, should you access cash or perform a balance transfer (providing there are no promotional rates that apply to balance transfers).
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