Balance Transfer - .99%?

Discussion in 'Budget Board' started by redbirdgrad, Apr 18, 2006.

  1. redbirdgrad

    redbirdgrad Mouseketeer

    Joined:
    Mar 29, 2001
    Messages:
    253
    Going through the junk mail yesterday - saw an offer to transfer balances to my FNBO Visa at a rate of .99% A.P.R. - I'm assuming they mean .099 or .0099 - not .99?, wouldn't that be 99% interest? or am I just missing my decimals? Just struck me as weird.
     
  2. aka-mad4themouse

    aka-mad4themouse <font color="blue">Budget Board Co-Host</font>

    Joined:
    Dec 14, 2004
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    .99% would be just below 1% APR.
     
  3. AlexTina

    AlexTina <font color=purple>I'm glued to the computer<br><f

    Joined:
    Feb 23, 2005
    Messages:
    1,412
    They just left out the 0.99% since it was already converted to a percentage there is no moving of the decimal.

    Tina
     

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