The approval of your application depends on your financial circumstances and borrowing history, so do the terms you may be offered. The balance transfer period and interest rates, may differ from those shown.
Your balance transfer offer – 0% balance transfers can only be made within the first 60 days from account opening.
To keep your 0% rates - You'll need to stay within your credit limit and make at least your minimum payment on time each month. If you don’t, your 0% rates will go up to your standard rate instead.
When your 0% purchase offer ends - you'll be charged interest at your standard rate for:
If you don’t pay off your whole balance each month, excluding any promotional balances then you'll be charged standard interest on new purchases from the day the transaction appears on your account. Don’t forget to make at least your minimum payments on time and stay within your credit limit.
When your 0% balance transfer offer ends – you'll be charged interest at your standard rate on any outstanding balance transfer.
Staying on top of your account – If you miss payments or go over your credit limit, you will incur additional costs through interest and fee charges; you could also lose any promotional interest rates. So please make sure you’ve read and understood the terms and conditions before you apply.
You could build your credit rating over time as long as you always make your payments on time and stay within your credit limit. However, if you don’t do those things, your credit rating could be harmed.