FA Credit Card confusion

desperatedan

Registered User
Messages
111
Just looking at the new terms and conditions for new applicants for the FA Credit Card.

It used to have a 9 months 0% interest-free period for Balance transfers, and I think for purchases.

This has now changed, but on the [broken link removed] there is a confusing statement.


Can anyone explain how you pay no interest whatsoever, yet you are charged 4.9%?

How does this work?

Am I missing something?
 
0% APR on transferred balances.
4.9% APR on any new purchases.

No that does not explain the mystery.

If you look at the web-site, it says:


So there is no way that you can pay

"no interest whatsoever on any balances you transfer for the first 12 months"

and yet have to pay

"4.9% for the first 6 months".

Do you see what I mean? Which is the real deal for balance transfers, 4.9% for 6 months or 0% for 12 months?

I suspect I know the answer, and this is just another FA web-site cock-up.