Which card to pay off??

Apricot

Hi all
Am trying to get my finances in order and currently have about £300 per month to pay off my credit card balances. Both credit cards are on 0% interest which is confusing me slightly as to which one I should pay more off:

Barclaycard - Balance £2300.00 Interest Free Until August 2010 :eek:
Virgin - Balance £1000.00 Interest Free Until April 2010

Should I pay more off the card with the higher balance or try to get the Virgin card paid off before the 0% offer ends?

Thanks in advance

the_cat

Defo the virgin one.

If you stick to paying £300 per month you can pay off both of these entirely by the time the barclaycard 0% finishes

£300 x 11 months = £3300

Good luck with it

Apricot

Wow! :j
I didn't look at it like that! It makes me even more determined now to stick to at least my £300 per month (more if possible) and then once the debts are paid off Im going to save for a fabulous holiday!!!!!
Thanks thats really made my day!:T

GeorgeUK

Well spotted the_cat.

Another reason to clear the Virgin one first would be: If you can't maintain the £300 and need to reduce payments, by the time the Barclaycard offer ends you may be able to get another 0% from Virgin as an existing customer to transfer the remaining balance to.