Is it possible to allocated payments to purchases or balance transfer ?
Allocating payments
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Verified Answer
Verified Answer@EILEEN77 Hey there, thanks for getting in touch. When separate balances are being charged at different interest rates on your account, your payments are automatically allocated to the balance incurring the highest interest rate first. I hope this clarifies things for you.
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So if I have a 0% balance transfer balance and a purchase balance, payments will be allocated to the purchase balance as it will occur interest first?
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@EILEEN77 Yeah, that is correct 😊