We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
What should I do with these balances?
choccybuttons
Posts: 253 Forumite
in Credit cards
Card A
£3300 5.9% life + £2300 0% until end of year
(payments are coming off the 5.9% part until end of the year when the 0% rate will rocket)
Card B
£3000 6.9% for life of balance
Should I wait until card A deal 0% comes to an end and transfer the whole balance to a long term 0% deal?
Is it worth transferring card B to a 0% deal or keep with the lifetime balance?
I am making overpayments to try and get them down quicker.
Any thoughts gratefully appreciated.
£3300 5.9% life + £2300 0% until end of year
(payments are coming off the 5.9% part until end of the year when the 0% rate will rocket)
Card B
£3000 6.9% for life of balance
Should I wait until card A deal 0% comes to an end and transfer the whole balance to a long term 0% deal?
Is it worth transferring card B to a 0% deal or keep with the lifetime balance?
I am making overpayments to try and get them down quicker.
Any thoughts gratefully appreciated.
0
Comments
-
Depends on how confident you are on getting further offers in the future, and how long you think it will take you to pay them off.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 353.6K Banking & Borrowing
- 254.2K Reduce Debt & Boost Income
- 455.1K Spending & Discounts
- 246.7K Work, Benefits & Business
- 603.2K Mortgages, Homes & Bills
- 178.1K Life & Family
- 260.8K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards