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Which card first?
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Lippyx
Posts: 191 Forumite
in Credit cards
I have just moved some credit card debt on to 2x 0% balance cards (these are the only cards now) But should I pay more off the one with less value and pay it off sooner, or pay more towards the one with the higher value?
0
Comments
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The one where the promo ends first.
If the same, the one with the highest go to rate.
If that's the same, the one most likely to give a further offer.
If that's the same, the one which is the prettiest colour.0 -
Depends on the following for each:
balance
0% expiry date
total amount you can afford to pay per month
You may want to also consider the impact on your credit score. If you clear one card earlier that goes against your credit file as a satisfied debt and that is a good thing.0
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