Can I pay off my Barclaycard Financing Visa deferred interest plan early? This question is about the Barclaycard Financing Visa Credit Card

Can I pay off my Barclaycard Financing Visa deferred interest plan early?

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This question is about the Barclaycard Financing Visa Credit Card

Ashley Wade, WalletHub Analyst

@shlee • 03/12/20 This answer was first published on 03/12/20. For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.

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You can pay your Barclaycard Financing Visa deferred interest plan early.

The card advertises “special financing on purchases made at Apple”, but you’re not getting a true 0% introductory APR offer.

So, for example, if you make a qualifying purchase of $999 or more, you’ll get 18 months to pay the balance without interest. That means you’ll owe no interest on your purchase only if you pay it off in full during the 18 months.
If any balance remains when the 18-month period ends, you’ll be charged interest retroactively for the full amount of the transaction, from the date of purchase. Try to avoid that, as it can be extremely expensive.

see this user

eileenk, Member

@eileenk • 08/18/17 This answer was first published on 08/18/17. For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.

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You can pay it off whenever you like :-)

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