Help me understand interest after BT’s

Help me understand interest after BT’sHelp me understand interest after BT’s
divanTarma asked 4 years ago

Hello all.

 

I need some help understanding Balance Transfers.

 

I just took advantage of a BT offer on my Discover card.

 

It states that any purchase on the card while I have a BT offer on the card, will begin immediately gaining interest.

 

So I can’t use my Discover card for everyday purchases until my BT is paid in-full unless I’m ok paying interest?

 

And is the interest only on the purchase amount, and not on the BT amount, right?

 

Thank you for your help and clarification.

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