Balance transfers on 0% purchase card

Scottgwalters · 12 March 2018 at 8:32AM

Ok so I have a Halifax 0% 30 month purchase card that I took out to buy a mobile phone instead of taking out a contract and when I opened the account I was greeted with a 0% 6 month balance transfer deal for a small fee, I transferred roughly £200 from a card I had used previously, I then made my purchase of my mobile phone. Now I would like to know when I’m paying this card each month I’m paying well over the minimum but is it paying the balance transfer or the purchase or a mixture of the both?

[Deleted User] · 12 March 2018 at 8:34AM

It'll be laid out in your terms and conditions.

Most common is the promo that ends first, but it can vary.

molerat · 12 March 2018 at 9:23AM

If there is more than one type of balance at the same interest rate, they are paid off in the following order: cash transactions, purchases, balance transfers and money transfers, and then default charges (plus any interest or charges incurred as a result of those balances). For each type of balance, your payments will pay off the oldest balance (and related fees, charges or insurance) first.

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Balance transfers on 0% purchase card

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