Purely hypothetical at the minute but lets say I do an interest free for 2years balance transfer of £2000.
When I get the new card I then put new expenditure of £100 on it. The bill comes I then decide to pay off £200 .
The question is does this £200 come off the interest free balance transfer of £2000 leaving the new £100 expenditure untouched and therefore liable to interest or does it clear the new expenditure first and then take the remainder off the balance transfer sum?
Are there any other pitfalls to balance transfers?