best way to pay credit card

Miccraig1

hi i have a really high interest cc with £2500 on it and paying £150 half of which is interest
i have money to pay half of it off should i pay the half and then try and do a balance transfer or do the transfer first then make payment

Nile

Hi, we move threads if we think they’ll get more help elsewhere (please read the forum rule) so this post/thread has been moved to another board. If you have any questions about this policy please email forumteam@moneysavingexpert.com.

I’ve moved your thread from the ‘I wanna’ board to the ‘Credit Cards’ board, where it is better suited.

Regards

Nile

jimbo26

Pay off what you can first then balance transfer, it will reduce the balance transfer fee.

onlyfoolsandparking

Miccraig1 wrote: »

hi i have a really high interest cc with £2500 on it and paying £150 half of which is interest
i have money to pay half of it off should i pay the half and then try and do a balance transfer or do the transfer first then make payment

Its always better to be paying as little interest as possible on any financial product especially a credit card.


Are you saying you already have a card with a BT offer OR you are thinking of applying for one to see what credit limit you get?


A bit more info will be helpful