Credit card dilemma

[CleverQuacks]

Hi all,
I am after some advice. I am awful with money. I am trying desperately to get better and have started saving a little bit each month but as I am currently out of work money is still very tight.

Now for my dilemma. I have an Argos credit card which has a balance of £350 on it. It’s currently no interest until October. But if it goes past October then interest will be added on.

I have worked out that I need to pay around £80 a month to pay off the balance before the interest is added. However, I do have enough in savings to pay the full balance now and thus save the £80 a month. This would help a lot cos an extra £80 a month would go far. But obviously it would be a hit to my savings (current at round £3000).

So should I just pay of the balance from my savings or continue paying the £80 a month??

Pay the card off, assuming that the interest on your savings right now is negligible.

Pay it off and set up a payment of £80 per month into your savings account.

Pay it of then save the £80 a month oh and cut the cards up.

Pay it off ASAP.

Thank you for your replies! I will pay it off and cut up the card. I am so sick of having no money!