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More than three-quarters of credit cards have rules which mean the cheapest borrowing gets repaid first while customers continue to pay hefty interest rates on the remainder, new research has revealed.

Price comparison site MoneyExpert.com has published a study which reveals 76 per cent of credit cards clear debt on cash withdrawals last, causing customers extra expense.

Sean Gardner, chief executive of MoneyExpert.com, said: "If you’re unaware of the order of payments on your card, it’s definitely worth checking. Particularly if you’re keen to buy something but have already used your card for a hefty balance transfer."

For some debtors, the advice comes too late. Previous research by MoneyExpert.com discovered more than 4.1 million credit card bills were missed in the first half of 2007.

Government advice urges those struggling with repayments to seek help sooner rather than later. For many debtors, an individual voluntary arrangement can help them become debt free within five years and could write off any unaffordable credit.

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