FD CC:
allocation of
payments Payments received are applied to pay off the minimum payment shown on your statement, then the remaining balance on your statement, then any unstatemented items. Within each of these categories we will pay off any Balance Protector premium first, then charges and interest followed by transactions in the following order:
Special Balance Transfers
Purchases and Balance Transfers (excluding Special Balance Transfers) **see important notes
Cash Advances.
In each category, transactions will be paid in the order in which they were applied to your Account. Full details are set out under Other Financial Information in the gold card Agreement Terms.
(This reads to me that the first BT gets paid first, then when 0 the next, then purchases then cash)
AND:
minimum monthly repayment 5 or 3% (whichever is higher) of the Standard Balance, excluding any Balance Protector premium and 5 or 3% of any Special Balance Transfer balances, or the whole balance if it is less than 5.
(This reads that if I have a SBT and purchases, I would have to pay 3% to SBT and then 3% to Purchases)
FD have no clue and explain it relates nothing to do with the minimum payment but if I overpay on the card. Any other suggestions would be good.
allocation of
payments Payments received are applied to pay off the minimum payment shown on your statement, then the remaining balance on your statement, then any unstatemented items. Within each of these categories we will pay off any Balance Protector premium first, then charges and interest followed by transactions in the following order:
Special Balance Transfers
Purchases and Balance Transfers (excluding Special Balance Transfers) **see important notes
Cash Advances.
In each category, transactions will be paid in the order in which they were applied to your Account. Full details are set out under Other Financial Information in the gold card Agreement Terms.
(This reads to me that the first BT gets paid first, then when 0 the next, then purchases then cash)
AND:
minimum monthly repayment 5 or 3% (whichever is higher) of the Standard Balance, excluding any Balance Protector premium and 5 or 3% of any Special Balance Transfer balances, or the whole balance if it is less than 5.
(This reads that if I have a SBT and purchases, I would have to pay 3% to SBT and then 3% to Purchases)
FD have no clue and explain it relates nothing to do with the minimum payment but if I overpay on the card. Any other suggestions would be good.
