Santander 2nd balance transfer

surreysaver

I have a Santander credit card with a 0% balance transfer on it until the end of September. 
Not long after I transferred this balance they increased my credit limit. Now they have offered me another 0% balance transfer until August 2025.
Wanting to take advantage of this and utilising my increased credit limit, I wanted to ask if anyone has experience of concurrent balance transfers with Santander, could confirm that payments towards the account will pay off the earlier balance transfer first? 
Having perused my statement and T&Cs, it seems a bit vague on this scenario, merely stating that payments go towards the highest interest part of the balance first (although one could imply this to mean balances that would incur higher interest earlier)


I have done the same with Barclaycard (two separate balance transfers at the same time), and they pay off the balance transfer which expires first

molerat

That looks like the key facts document rather than the T&Cs.

All the T&Cs I can find on their website have this in the allocation of payments details

4. Other transactions on a promotional rate (including any account fees charged as a result of that transaction). If
there’s more than one transaction on the same promotional rate, we’ll apply your payment to the transaction with
the earliest introductory or promotional period end date. We’ll continue in that order working down to the latest
introductory or promotional period end date.

surreysaver

molerat said:

That looks like the key facts document rather than the T&Cs.

All the T&Cs I can find on their website have this in the allocation of payments details

4. Other transactions on a promotional rate (including any account fees charged as a result of that transaction). If
there’s more than one transaction on the same promotional rate, we’ll apply your payment to the transaction with
the earliest introductory or promotional period end date. We’ll continue in that order working down to the latest
introductory or promotional period end date.

That was taken from my statement. The T&Cs I've found on their website state more or less the same as what my statement says. You must have found some more explicit terms somewhere!

molerat

surreysaver said:

molerat said:

That looks like the key facts document rather than the T&Cs.

All the T&Cs I can find on their website have this in the allocation of payments details

4. Other transactions on a promotional rate (including any account fees charged as a result of that transaction). If
there’s more than one transaction on the same promotional rate, we’ll apply your payment to the transaction with
the earliest introductory or promotional period end date. We’ll continue in that order working down to the latest
introductory or promotional period end date.

That was taken from my statement. The T&Cs I've found on their website state more or less the same as what my statement says. You must have found some more explicit terms somewhere!

https://www.santander.co.uk/landing/credit-cards-range?icid=OLB-RHN-Credit Cards

Then click on Full Details / Key documents and account information / General Terms & Conditions

Exactly the same for all the cards listed

Nasqueron

The best way for peace of mind is to look at the statement before and after your new transfer and first payment after and see which balance goes down. I had one card, I can't remember who though, where for some reason they put the payment onto the balance with a longer end date and I actually had to increase my DD to pay off that balance in sufficient time to clear it so that the earlier one didn't pay any interest. It's possible it was Sainsbury's, can't think who else I have had BT cards with who I don't currently have ongoing balances with