% on credit cards be a foil for please aid? You are invited to apply for a credit card, that offers nought

You are invited to apply for a credit card, that offers nought % interest for 6 months, and then charges 1.12% per month thereafter. and hold a blance of lb1,232. and maintained this go together for the whole 12 months and paying past its sell-by date the interest every month how much interest would be charged over the 12 months?

Thank you

Answers: sounds a rubbish deal
u can well get 12months IF + a 2% handling charge - be much cheaper
oh if you get half a credit rating that assumes

13.44%.they enumerate the monthly interest so it appears lower than you think1.12 X 12 mos = 14.44%for xfr balances..the problem is if you use that card AFTER the XFR, your up to date purchases will be at a much higher rate.but adjectives your payments go toward the lower rate item first..so.you don't want to use the credit card until adjectives the xfr balances within full.

Thats about 13% a moment ago go for one year interest free.
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