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!
Which 0%?
Tjh1412
Posts: 220 Forumite
Hoping someone can give me some advice on this; currently I have only one debt which is a CC with NatWest at 6.9%. Have just opened a plus 5 account at Lloyds and they've preapproved me for a CC with them at 20 months 0% then reverting to 18.9%, also have preapproval for MBNA at 40 months 0% then 6.9% thereafter, which is best to go for? Am aiming to clear it this year and also building up an emergency fund, so should not be used except for online purchases requiring extra insurance, which will then be paid off in full.
2025 in 2025- 2027/2025
365 savings challenge- £41.12/667.95
365 savings challenge- £41.12/667.95
0
Comments
-
So if you're going to clear the balance within the 0% period on either card, I would personally move the debt to the card that charges the lowest fee to move it.PAYDBX 2016 #55 100% paid! :j Officially bad debt free...don't count my mortgage.
Now to start saving...it's a whole new world!!0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.2K Banking & Borrowing
- 253.6K Reduce Debt & Boost Income
- 454.3K Spending & Discounts
- 245.2K Work, Benefits & Business
- 600.9K Mortgages, Homes & Bills
- 177.5K Life & Family
- 259K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards