In this example, we’ll show you how much you would need to repay if you transferred £4,400 to our Longer Balance Transfer Card.
Check the fee
First, you’ll need to make a note of the fee to transfer a balance (if there is one). In this example, there is a 1.99% fee.
Next, divide £4,400 by 100, then times by 1.99. In this example, the fee will be £87.56. So, the total amount you’ll owe including the fee is £4,487.56.
Lastly, divide £4,487.56 by 23 (the offer period). This means you’ll need to repay £195.11 per month to pay off the card before the 0% offer period ends.