Tempted to pay off a card!

chelseablue

Going round in circles now but another thought I've had;

Pay off Lloyds today and use my Halifax clarity card in Australia (I only use this abroad, the balance is £0) and pay off the clarity card with bonuses.
As I read on here its best to use the clarity card abroad instead of a debit card

Willing2Learn

chelseablue wrote: »

Going round in circles now but another thought I've had;

Pay off Lloyds today and use my Halifax clarity card in Australia (I only use this abroad, the balance is £0) and pay off the clarity card with bonuses.
As I read on here its best to use the clarity card abroad instead of a debit card

circles lol.


This is a splendid idea / thought....it keeps overall debt levels lower...

chelseablue

Willing2Learn wrote: »

circles lol.


This is a splendid idea / thought....it keeps overall debt levels lower...

Oh good, I thought I'd be told off for spending on a card again

I guess if I pay off Lloyds, owing just over 10k sounds better than 14.5k

And 2 direct debits to Virgin and I'll be at 4 figures

Funny thing is I cant actually remember the last time I paid for anything with my credit card

System

I think you're going to need a glass of wine at the end of this decision :rotfl:

chelseablue

Or the whole bottle :rotfl:

System

Sounds like a plan. Make sure you don't use your credit card to pay for it though :rotfl:

redux

chelseablue wrote: »

I guess if I pay off Lloyds, owing just over 10k sounds better than 14.5k

Not if you can earn about £200 interest on that money by waiting to pay it off in the last couple of months of the 0% periods.

If the Lloyds balance results from balance transfers (sounds like it), you may have paid a 3% fee for the transfer, might as well get the full value for it.