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AIBU?

Share your dilemmas and get honest opinions from other Mumsnetters.

Credit card advice?

5 replies

MidoriNoRingo · 24/04/2025 13:51

If you had several credit cards with varying balances on, would you pay off each a little bit each month or put all of your spare money onto one at a time to get while cards paid off quicker?

Not sure what to do.

OP posts:
Sofiewoo · 24/04/2025 13:51

Pay the one with the largest interest rate off first.

JoyfulSpring · 24/04/2025 13:53

Look up the debt snowball method

FailingAndFallingApart · 24/04/2025 13:53

Could you combine some onto one new credit card with an interest free period?
If not definitely highest interest rate first but you still have to make minimum payments on the others!

MidoriNoRingo · 24/04/2025 14:29

I’ve transferred the card with the biggest balance and interest on to a zero interest card for 12 months. Have looked at the snowball method it’s very interesting!

OP posts:
ClareBlue · 02/12/2025 01:01

Not sure you are going to get away with flooding the board with trying to get us to sign up to this card, Emma.
This is the 3rd thread.

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