Credit Card Payment

[BobbyBobBob]

I was just wondering if someone could make this clear for me.

I've found a credit card thats 17months 0% on spending for 50% of its customers then for the others its either 12 months 0% or 9 months 0%. I think the 17 months is a promotional offer.
Anyway, with regards to payments it says minimum repayments greater of 1% of balance plus interest or £5.

So if I were to get this card, use it to pay for something for £350, how much would I be expected to pay each month?

Thanks

[bednobs]

£5

[CailinDeas]

Too much!!!

[chelle7272]

1% would be £3.50 so £5 would be the minimum payment.But if you only paid the minimum you would end up paying interest eventually.
You wuld neeed to divide the total spent over the months interest free to avoid it.