Disney Visa question

[JustMickey]

I'm relatively new to credit cards in general, so I just wanted to make sure I have this right so that I can avoid any fees if possible.

I got my Disney Visa at the beginning of July. My first statement ran from 6/25 through 7/24. I know I have 6 months 0% financing, so my question is, when exactly will they start charging interest on my balance? I'm thinking that whenever I get my 7th statement (I guess 12/25-1/24) there will be interest charges on that?

Thanks in advance for your help! I would love to budget money to pay down my balance for the next few months so I don't get slammed with fees!

 

[disneyfan55]

I'm relatively new to credit cards in general, so I just wanted to make sure I have this right so that I can avoid any fees if possible.

I got my Disney Visa at the beginning of July. My first statement ran from 6/25 through 7/24. I know I have 6 months 0% financing, so my question is, when exactly will they start charging interest on my balance? I'm thinking that whenever I get my 7th statement (I guess 12/25-1/24) there will be interest charges on that?

Thanks in advance for your help! I would love to budget money to pay down my balance for the next few months so I don't get slammed with fees!

The zero promo is listed on your statement-balance remaining as well as to be paid by date. There are no fees so I don't know what you're talking about. If you don't pay it off by the 6 months zero, they will start to charge interest from that date and only on what remains.

 

[JustMickey]

What I meant by "fees" was just interest charges. I'm trying to avoid paying interest, so basically I wanted to know by which date I should pay off my current balance. Should I pay it off by the due date of my 6th statement? Or before then?

 

[disneyfan55]

What I meant by "fees" was just interest charges. I'm trying to avoid paying interest, so basically I wanted to know by which date I should pay off my current balance. Should I pay it off by the due date of my 6th statement? Or before then?

The must be paid by date is on your statement. You have to look at that.

 

[JustMickey]

Thank you for your reply, I'm trying to pay off that balance before 6 months no interest are up so I won't get even further into debt!