No. of Recommendations: 0
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Am I wrong in assuming that I will be making my payments and they will go toward my 9% interest,
while the 6 new purchases with 15% interest will be accumulating the higher rate?<<

I would virtually guarantee you that you'll be paying off the 9% balance first, and the 15% balance last. These deals really tick me off; I just cancelled a card that offered to upgrade me to a platinum visa if i would only cash this $3000 cash advance check, which would be posted to my account at the cash advance rate (21.9%). So while I'm paying off the original balance of $8000 at 13.9% this new $3000 is racking up enormous interest

Even worse, they had a little Q&A section where they proposed that if you didn't need $3000, you cash the check and apply whatever you don't need towards paying off the balance, and that way you don't get more cash than you need. Win win situation, right? Wrong. It's a real easy way for them to sucker some folks into voluntarily converting 14% debt to 22% debt. And they do it by waving the "platinum visa status symbol" under your nose.

It strikes me as downright dishonest, and I decided I'd rather not do business with them. That 14% balance is the next in line to get paid off anyway.
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