I recently switched credit cards to a 0% balance transfer card. I transferred a balance of £1k which is 0% til july 2015. I have since made £300 in purchases. When I start repaying the balance will I be charged interest on just the £300 spent on purchases (@19%apr) or the whole amount of the outstanding balance?
I recently switched credit cards to a 0% balance transfer card. I transferred a balance of £1k which is 0% til july 2015. I have since made £300 in purchases. When I start repaying the balance will I be charged interest on just the £300 spent on purchases (@19%apr) or the whole amount of the outstanding balance?