As soon as transactions show on your monthly statements, those with a higher interest rate will be paid before any lower rate balances, including any promotional rates that might be finishing soon.
Balances with the same interest rate will be paid off in the following order:
- Cash transactions (ATM or over the counter withdrawals)
- Card purchases
- Balance and money transfers
- Default fees, including interest and other charges added
For each type of balance, the oldest transactions and any related fees, charges and insurance, will be paid first.