@Anonymous wrote:
@Anonymous wrote:
Will my first payment be due in 6 months or will my minimum payment be due in 30 days?
Your first payment will be due 6 months from the date of your purchase. Blispay's special financing for purchases over $199 is no payments and no interest for 6 months, but they starting charging interest from day 1 so you would want to pay it in full right before the 6 months is up or else you will pay all that deferred interest.
Yes, that's the unique of Blispay ... is not only is it 6 months of No Interest, its 6 months NO Payments due.... But like others have said, if you don't pay the purchase within the 6 months, you are on the hook for all that retroacted interest.
BlisPay website, I consider to be nice, clean and to the point.. They make it very easy to track you're Finiancing Purchases, when they'll expire, and how much Interest has accrued to date.
Also be ware, if you're going to use BlisPay as an Everday Card on top of taking advantage of the Financing ... there's a buit in Trick that once your oldest FInancing Purchase is within 2 months of coming due, any payments made will go towards it before going towards your everyday (non financing) purchases. So you would still get hit with interest on the Everyday Purchases.
Which I think is why BP offered up the 2% in the first place, to goat people into also using the card for Everyday Spending as well as rack up Financing Purchases. They know most people won't be able to do both and escape without paying interest.
