TotallyMoney experts have identified how credit card customers can put an end to paying interest for up to 29 months
Financial gurus at TotallyMoney have revealed a savvy method for credit card holders to halt interest payments for up to 29 months by moving their debt to a balance transfer card, which typically incurs a small fee ranging from 2-4%. For someone carrying the average credit card debt of £2,901 on a card that charges interest, switching to an interest-free balance transfer card for 29 months could lead to savings of £1,471.
"Aim to clear the balance before the 0% period ends. Quite simply, divide the amount you owe by the number of months at 0%, then pay at least this every month to pay it off in time. If you can't clear it in time, balance-transfer again to another 0% offer.
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