MBNA reducing balance on longer 0% first?

[ad_1]

Hi,

Hoping somebody can help shed some light on this.

I have an MBNA card with 2 x 0% balance transfers on.

1. Expires 01.08.2018 and the balance is £1,488

2. Expires 20.04.2020 and the balance is £4,700

I was very surprised to see that my last 2 payments have reduced the balance on the longer term one and not paid a penny towards the one that expires first!

Is this right? Surely the payment should go to the offer that ends soonest no?

Many thanks for any advice

Hoping to clear my debt by Christmas 2019

[ad_2]

Source link