I have the CITI Plat. Select with a 0% BT until Aug. 2002. I currently had CITI send me a check for a $2,000 BT to pay the remainder of my sons grade school tuition. I had $1,000 already charged at 10.99%. When I make a payment is 100% of it applied to the $1,000 balamnce @ 10.99% since I have until 8/02 to pay off the BT?
George, If this is true then why does CITI say I have until 8/02 to pay off the $2,000 BT before they attach an APR to it?
In MOST cases... My B of A...I have PRIME + 0.00%...if I buy something...it COLLECTS interest @ 14%+ until I pay off the BT @ PRIME + 0.00%...