CC payments - balance transfers vs new purchases

[annibe11e]

Quick question...

We opened a new credit card with cash back and 0% for 12 months. We transferred the balance of 2 credit cards and we use this card for current expenditures. I'm just curious how payments are applied. Do they go to new purchases first and then balance transfers? We're making weekly payments that cover new expenditures plus the amount required to pay off the balance transfers by the end of the intro period, so I'm not worried about it. Just curious.

[Smallsteps]

they usually explain the method in a statement or perhaps on a website. In general i think, most credit cards now tend to use payments on the higher rate items then the promo rates next.