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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
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