Zero APR ending - Need help with WHEN interest is applied

[AverageJoesCredit]

Is there anyway to possibly call and find out with Cap One? Explain tou are concerned about when the interest will be applied. Im sure they can let you know when this will begin. Hopefully they can help you now so you can be prepared . Best luck

[Maxi11510]

Hi Peacem, 

i dont know know if this will help however my Chase Freedom 0% for 15 months is up in November on my due date  according to both my statement and Customer Service which  ends on 11/22 and my balance must be paid in full on the November due date.  Contact your provider, they will tell you when it must be paid by before the fees hit you. 

[longtimelurker]

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@AverageJoesCredit wrote:
Is there anyway to possibly call and find out with Cap One? Explain tou are concerned about when the interest will be applied. Im sure they can let you know when this will begin. Hopefully they can help you now so you can be prepared . Best luck

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Yes, this is the only sensible way!   If you get advice from here that turns out to be wrong, you can't say to CapOne "But MyFico said"....  (Of course, you will also have varying luck saying "But your CSR told me..." but you are more likely to succeed)

[pacem_et_libertatum]

Thanks so much for the reply, Maxi!

I def will ck with CapOne  but am on the road n don't have a cell phone.  I did try online but don't show chat icon so I will call at my destination to confirm date and when interest kicks in.j

If I understood what you shared, your 0 APR is good until Nov 22 and you have no interest showing in the amount due, and as long as you PIF, there will be no interest charge due in Dec.

I was second-guessing my budgeted amount for Nov - thinking that the interest would appear on the statement the month my 0 APR ended-  but at least for time being it seems I may not have to adjust the amount.  Again I will be confirming. 😊

Thank you - and All who responded! - for your help, concern and wise suggestion!

Blessings!

Pacem 🌼

[Maxi11510]

Pacem,

Yes for me my 15th month is up in Nov on my due date and paying it off before and having a zero balance by tthat due date I will not have any interest on my Dec statement. Wishing you the best, and definitely contact Cap1 ASAP. 

[Maxi11510]

And to answer your other question, my statements are showing zero interest at this point.

[pacem_et_libertatum]

Thanks for confirming, Maxi! - it is really appreciated.

I won't take any chances and will call Cap One in the morn, first thing.

Thanks again and best wishes to you too!

Pacem 🌼 

[pacem_et_libertatum]

So good to know - Tx!! Sounds like I might have done ok on my budget.  Can't wait to call in AM but at least I'm feeling chances are good for no number crunching! 😊