Britons should pay off their credit card in full to avoid incurring interest charges, according to an expert.With Christmas just around the corner, many UK consumers are set to use credit cards to purchase goods during the festive period.Tara Evans, writing for financial website thisismoney.co.uk, advised credit card holders to acquire a card which has an introductory zero per cent interest period.She said: "The plan should be to cut the card up after you have done your Christmas spending and then pay it off, incurring no extra debt from more purchases."However, you must make sure you pay off your bill in full before the introductory period runs out. There's no point in having interest free credit if you don't pay it off in time as you will then be charged an APR upwards of 15 per cent."Ms Evans added that if customers are unable to repay the debt before their introductory period then they should transfer the remainder to a zero per cent balance transfer card.Posted by Charles BakerCharles is a reputed financial analyst with decades of experience under his belt.
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