Just done the SOA - determined to get rid of this debt!

getmore4less

Look at stoozing.
( before the days of BT fees we used to borrow money on CC to put into our offset mortgage accounts, people had loads I have over 40k at one point helped pay of the debt quicker)

if you can earn more interest than it costs to have the money then save it, in the case of 0% its worth saving. FD monthly saver is 6%(not sure about the withdraws allowed)

reverse cash flow.

lets say you had £600 on a 0% CC for 12 months and you can save £100pm

You only need to start saving to pay off the CC in months 7-12 months 1-6 can go elsewhere.

in your case you have money on 0% that you want to try and pay off before the rate goes up, so you need to save it but you can work back from the day the rate changes to see when you need to start saving it. before that you can direct any surplus towards the other debt.

[Deleted User]

garmcqui wrote: »

I presume I'm best to target the Natwest CC first, as its 0% period ends soonest? After that's gone (4 months), what would you target?

Run them through the Snowball Calculator, and see what it suggests.

http://www.whatsthecost.com/snowball.aspx