Help! Credit card 0% ends today!!

[Honeyhoneyy]

I have a credit card with just under £1,000 on it. The 0% interest free period ends today but I’m unsure what happens next. I should be able to pay it off by the end of this month as my husband is getting a much bigger than normal pay. The credit card bill payment date is the 14th of each month. So my question is, if I clear the balance on the 30th of this month, will we incur any interest? Or would we not because we’ve cleared the balance? I hope that makes sense.

I would expect you'll incur interest on the balance between tomorrow and the end of the month when you clear the card off, so next month you will have a small bill for that portion of interest only

You'll probably pay some interest but it shouldn't be that much.

If the annual interest rate is 20% that's £200 per year, so probably around a tenner or so for the next 3 weeks? Might be a bit more or a bit less depending on statement periods etc.

If you have any savings or spare money in the current account you could pay it off today and then replenish when your DH gets paid?