Not a bad debt, just after better terms.

StueyB_2

Hi peeps.

Just a quick on really re: credit cards. I know there is a credit card forum but this is a combi question

I have £2300 on an Egg card at the moment (the only credit card I have) and I dont pay the balance off every month, just slightly more than the minimum. I have had it for several years. I dont spend on this card.

I also have a mortgage with Northern Rock and their card looks quite competitive and all. I can afford to pay a bit more off every month (perhaps 20 quid or so) but im just wondering if this is the best way to go.

My credit rating is ok, but not brilliant. Any advice/ideas ?

Freddie_Snowbits

Go for a 0% Balance transfer and try to pay off the card.

King_David_2

Settle the account after 28 days, otherwise you will fall foul of the above posters regulations!