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Mint

Hi guys, was just browsing the site and thought i would ask a question

I have a mint credit card, which is up to its limit of£500 minimum payment is about £11. is there any way i can improve on this? I no its not alot minimum payment but alot of it is interest and i can onnly afford the min.

Many thanks

Comments

  • dhassen
    dhassen Posts: 759 Forumite
    well you could see about getting a 0% offer card... then the interest would be 0 until the offer expires, and your £11 would go the the debt rather than the interest...
    Official DFW Nerd Club - Member no. 784 - Proud to be dealing with my debts
  • LouLee2008
    LouLee2008 Posts: 306 Forumite
    ooo ok.. any idea how i would go about doing that?
  • dhassen
    dhassen Posts: 759 Forumite
    Yea, apply for a new card with a 0% offer, then, when accepted, transfer your balance from your MINT card to it. DONT SPEND on the new card though, all you'll be charged interest on it. Have a look at this article from the main site to get you started. http://www.moneysavingexpert.com/cards/balance-transfer-credit-cards
    Official DFW Nerd Club - Member no. 784 - Proud to be dealing with my debts
  • Moneybags55
    Moneybags55 Posts: 38 Forumite
    LouLee2008 wrote: »
    ooo ok.. any idea how i would go about doing that?

    It says on their 0% credit card page that existing card holders are not eligible so you may struggle to get that offer.
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