Does my 0% balance transfer credit card mean I will pay minimum payments?
Yes, most credit card providers will ask that you pay a minimum payment each month which is usually 5% of the total balance. The 0% simply relates to the fact that for the respective period that the offer runs for, interest will not be chargeable. Disclaimer: The answers above are for guidance only and should not be acted upon without you receiving independent financial advice relevant to your circumstances.
