@learningtheropesofcredit
@learningtheropesofcredit wrote:
My credit card statement says my balance transfer expires with statement 09/2021. My 0 percent purchase expires with statement 08/2021.
My question: Does this mean I have to have the balance transfer paid off by the time the 9/2021 statement cuts, or I'll start paying interest? Or, with the 9/2021 statement cut (and 10/2021 due date), do I have to pay it off by 10/2021 before it starts to accure interest? Thanks.
@learningtheropesofcredit It means that starting with the 9/2021 statement, you will start to incur interest. You'd want to pay off the full balance transfer owed from the 8/2021 statement, due in 9/2021, or else you'd start to incur interest. Once the 9/2021 statement cuts, you would have owed interest on the balance on the 9/2021 statement.
Likewise, any purchases you purchased during the introductory period, you would want to pay off with the 7/2021 statement, or else with the 8/2021 statement previous purchases during the introductory period would start to incur interest.
