Paying a purchase before a balance transfer?

LotsaLuck

Good people.

I guess the answer to this is easy, but (after a sleepless night) I would really appreciate your reassurance

I have a HSBC credit card, 0% balance transfers for 32 months and 0% purchases for 3 months. I want to pay for a deposit for a car (so I guess this is a purchase) with the plan that i will pay it back over 3 months. If I fail to do so, will this ruin my 0% balance transfer deal? If I pay the deposit back over 6 months, will I then have cleared the 21.9% APR (over the last 3 months) deposit, and start paying my 0% balance transfer, or will I have to clear the balance transfer deal first, therefore accruing 21.9% interest over the next 32 months...?

Thank you.

[Deleted User]

http://www.hsbc.co.uk/1/2/credit-cards/credit-card/interest-rates

Ben8282

The purchase balance will be at 0% for the first 3 months and at your normal interest rate thereafter.
Payments will be applied to the purchases first so the purchases will be repaid first then the balance transfer. Just make sure purchases are shown on a statement before repaying them.

LotsaLuck

"Just make sure purchases are shown on a statement before repaying them."
Why....?

[Deleted User]

Because statemented transactions are paid first.

LotsaLuck

Ah I see.. so if I paid an amount off before the purchase appeared, it would go from my balance transfer, but then I would revert to paying the purchase once it appears on my statement..

Thanks for the tip.