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new 0% BT card, purchases on it too, what clears first?

longwalks1
Posts: 3,834 Forumite


in Credit cards
I've held a LloydsTSB airmile Duo card for a few years, use it every month and clear it every month, this month have applied and got their Platinum card with 0% BT for 12 months, same credit limit as my Airmiles one. A balance of £1500 has been transfered over from Airmiles to new Platinum card, I guess this wont be 0% interest as its theoretically the same card/lender?
If I add a 0% transfer to my Platinum card from another card I'm using (comes to 0% end in August), obviously I have the introductory rate for 12 months.
As I make payments, which clears first, the 0% BT from other card, or the balance carried over when the old Duo card was superceded?
Hope that makes sense people
If I add a 0% transfer to my Platinum card from another card I'm using (comes to 0% end in August), obviously I have the introductory rate for 12 months.
As I make payments, which clears first, the 0% BT from other card, or the balance carried over when the old Duo card was superceded?
Hope that makes sense people

0
Comments
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If one balance is as 0% and another is not at 0% then the higher rate should be paid off first.
In January the lending code changed so that the costliest debt had to be cleared first by card companies.A smile enriches those who receive without making poorer those who giveor "It costs nowt to be nice"0
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