Which balance gets paid first if I have multiple balances?
Payments are applied according to federal and card servicing rules.
In general:
- Fees and billed interest are paid first.
- Remaining payment amounts are applied to balances with the highest interest rate first.
- Balances with lower interest rates are paid afterward.
What if I have multiple promotional balances with the same rate?
If two promotional balances have the same APR, payments are applied according to the system’s established order.
What if a promotional offer includes multiple transaction types at the same rate?
When promotional purchases, cash advances, and balance transfers all share the same promotional rate, payments are applied in this order:
- Purchases
- Cash Advances
- Balance Transfers