[KSHEP]

I have completed a balance transfer which hit the Tesco account 26th of June. The minimum payment is still showing the same as before I did the balance transfer. This should be different right ? If not I don't see why ive done a balances transfer to have to still pay the same payment each month

[ConnorM]

@KSHEP Hi there, thanks for getting in touch.

With your minimum payment it is only calculated when you get your new statement through for the month. If this has not happened since you did the BT, that will be why it is still showing your previous minimum payment, but this will update when that statement is produced.

[KSHEP]

@ConnorM thanks for replying. Does that mean I dont need to worry about the minimum payment as its already been done

[ConnorM]

@KSHEP Absolutely, doing a BT from another credit card is the same as doing a Faster Payment yourself, so as long as it covers the minimum amount then you don't need to pay anything else.