Application of credit card repayments


#1

Hi, I was wondering if extra payments to a low rate MasterCard would be applied to the oldest balance transfer first (assuming that you have more than 1 balance transfer)


#2

Hi there, you’re right!

If you have more then one Balance Transfer against your Credit card, the repayments will go towards the oldest one until paid off before allocated to the second one.

Let me know if you have any further questions. Thanks, Althea :slight_smile: