I've read about people paying small amounts off credit cards

CLAPTON

littlestar1981 wrote:

isnt it better to deposit the bits and bats into an account thats separate from your day to day accounts and then pay the credit card when you reach £50, eg? surely putting in 3 here and there will just be taken up in interest?

well no
interest accrues on a daily basis on the daily balance so the earlier you deposit money then the less interest you will pay.

Toomuchdebt

I didn't know interest accrued daily either so thanks for that I just think if I keep the spare cash it'll just get spent on something unnecessary-if I pay it onto the card it'll help pay off the debt faster and won't get wasted.

Verbatim

Way to go!

MinniMe_2

well done toomuchdebt - every little helps!

I find I throw £5 here and there at cc too as if it was in another account I would be able to access it too easily and spend it - again!!