It means the interest rate is reduced to 9.00% p.a. and you pay no monthly repayments for at least the next two statement periods.
You won’t be able to use the card while you’re receiving this credit card assistance. It’s important to note that all transactions, including existing direct debits and recurring repayments, will not be paid.
Once your credit card assistance period finishes, your regular interest rate and minimum monthly payment set out in the Credit Card Schedule will start again. You will see this change on your monthly statements.
Taking advantage of this credit card assistance won’t impact your credit rating or appear on your credit file during the assistance period. Remember that your minimum monthly payment in your current statement should be paid as normal.