I received this email just now from Tesco bank: it looks like it's telling me I will start being charged interest this year? When I took this card out it said it was 0% on balance transfers until March 2027 I think (I took it out in July last year) - I owe quite a bit and really can't afford to be paying interest on top - please can someone clarify this as I'm really confused. Thanks. (This is a 30 month clubcard credit 0% interest transfer card)
| Your 0% rate is ending soon. |
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| We're getting in touch because your 0% rate on Money Transfers will end in April - this is a quick reminder to help you plan ahead. |
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| Here's what you need to know |
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From 13 April 2025, interest on this balance will be charged at your standard rate. This means your minimum payment could increase. |
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You'll see your new minimum payment on your May statement. |
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You can find details of your balance(s) on your monthly statement under 'summary of balances'.
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Oh silly me - I didn't notice it said MONEY transfers (which I've never used) on the email - the balance transfers are still fine.
My apologies
Mark_TB
