I almost never prefer a phone call, I'd rather go all the way to video/in-person or stick with text. I also prefer to push anything important that isn't extremely small out of instant messaging and to email.

Brainstorming/whiteboarding, 1:1s or performance feedback, team socialization, working through something very difficult (e.g. pair debugging): in-person or video

Incidents, asking for quick help/pointers, small quick questions, social groups, intra-team updates: IM

Bigger design documents and their feedback, trickier questions or debugging that isn't urgent, sharing cool/interesting things, inter-team updates: Email