What shall i do?

scorpiolady

I have £500 spare cash this month, now should i pay off one of my credit cards balance being £587 @ 1.492% or pay it off my other credit card balance being £2,255 @ 1.313% or put it in my savings account and use for spending money for my holiday, i'm tempted to pay off the first credit card. any advice appreciated

YorkshireBoy

scorpiolady wrote: »

...i'm tempted to pay off the first credit card. any advice appreciated

I agree, but then where will you get your holiday spending money from? (please don't say a cash advance on one of the cards!!).

Bismarck

scorpiolady wrote: »

I have £500 spare cash this month, now should i pay off one of my credit cards balance being £587 @ 1.492% or pay it off my other credit card balance being £2,255 @ 1.313% or put it in my savings account and use for spending money for my holiday, i'm tempted to pay off the first credit card. any advice appreciated

If you paid off the £587, would you get a transfer offer from that provider that could allow you to transfer some or all of the £2255 to a better rate?

Agree about the cash advance!!!

eastie256

Im new to this so i dont think my advice is gonna be any good, but i know personally i would try and get a 0% credit card then transfer the balance from your remaining cards over...
as for the spare £500, what would relax you more a holiday or knowing that your debt is being reduced by £500

Bismarck

Not a bad suggestion, eastie256 don't under-rate yourself!