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Oct 11, 2013 7:13 AM in response to macart4694by King_Penguin,It's done automatically, you don't need to select anything
From http://support.apple.com/kb/HT5582 :
When making purchases, content credits are used first, followed by Gift Certificate, iTunes Card, or Allowance Account credits; your credit card or PayPal account is then charged for any remaining balance.