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    • lynneg444
    • By lynneg444 7th Oct 17, 9:35 AM
    • 7Posts
    • 1Thanks
    lynneg444
    Different end dates on 0% rates
    • #1
    • 7th Oct 17, 9:35 AM
    Different end dates on 0% rates 7th Oct 17 at 9:35 AM
    Hi,

    With different end dates for special offers are the monthly payments made to the part ending soonest?

    It's an MBNA card with 0% ending Oct 2018 and further one in 2020. I pay double the minimum payment which is enough to clear the 2018 offer if all the payment is made to that part of my account but I'm not sure how they do this in practice.

    Thanks,
Page 1
    • cooltt
    • By cooltt 7th Oct 17, 10:29 AM
    • 553 Posts
    • 297 Thanks
    cooltt
    • #2
    • 7th Oct 17, 10:29 AM
    • #2
    • 7th Oct 17, 10:29 AM
    Yes all over payments will go to the one ending soonest. You can see this if you download the statement. It will show you which balance is decreasing fastest.
    • molerat
    • By molerat 7th Oct 17, 11:30 AM
    • 17,087 Posts
    • 11,240 Thanks
    molerat
    • #3
    • 7th Oct 17, 11:30 AM
    • #3
    • 7th Oct 17, 11:30 AM
    Yes all over payments will go to the one ending soonest. You can see this if you download the statement. It will show you which balance is decreasing fastest.
    Originally posted by cooltt
    Not quite true.

    MBNA allocate all payments to the offer that started first, not necessarily the one that ends first. All clearly stated in the T&Cs booklet supplied with the account, item 4.
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