Halifax Credit Card Order of Payments

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mr_mitch wrote: »

I really do not understand the thinking behind this?

can anyone explain it in simple terms?

it doesnt seem right that they start charging interest on balance transfers that you got at 0%, just because you made a purchase on the card....

it's very complicated... it makes them money

but you could look at it like this

you pay interest unless you pay in full each month

now if you only have a 0% BT on your card then you pay interest on the daily balance at the going rate of 0% ..therefore you pay NO interest

however if you have some purchases then you pay interest on the daily purchase balance at the going rate and you pay daily interest on the BT part (which is zero of course)
so you end up paying some interrest

simple solution is to use two cards