If you don't pay it off on time (on a fixed date every month in
full by direct debit) credit cards are an incredibly expensive form of debt — rates tend to be between 18 % and 30 % per annum.
Not exact matches
If an error is made in the payment of your
Direct Debit,
by Motor Sport Magazine or your bank or building society, you are entitled to a
full and immediate refund of the amount paid from your bank or building society.
Also, as with a loan set up a
direct debit to your credit card, make sure that this is set up for a date which will leave plenty of time for it to reach you card
by the payment date, and make sure that you calculate your payment to ensure that the balance transfer is cleared in
full before the end of the interest free period.
Yet provided you repay the card IN
FULL each month, preferably
by direct debit, and never withdraw cash, then you won't be charged interest, so it's no problem (don't do this if you're planning to do either of those).
We'll collect your
full monthly payment
by direct debit every month, even if you make additional payments or a credit / refund is applied to your account.
You can choose to Pay your renewal in
Full with a credit or
debit card or pay
by direct debit.
Where possible, it's worth trying to pay your
full premium upfront, rather than in monthly instalments
by direct debit, as paying monthly will cost you more.