Paying off credit cards which way round

[AlwaysFullOfQuestions22]

One has 980 on £17 interest last month
Other 700 on £12 interest

Have been given 600 refund for something and our aim is to clear cards by spring

On one hand id like to have just 1 so whack it off the 700 leaving just 100

But seeing a card close to 1k makes me uneasy so do i pay 600 off that leaving it just 380

ideally you pay it off the one with the highest interest rate.

First you need to ask yourself - do you have enough money to cover December/Christmas? If not, keep back enough money to cover your costs. The is no point sticking it all on a card, and then using credit to cover the overspend.

If you do have enough, then pay the cards. If the interest rates are different, pay the one with the higher rate. If they are the same, pay the card with the smaller balance, get that gone, then concentrate on just the one.

If those numbers are right, the card with £980 on has a slightly higher interest rate (20.82% vs 20.57%), so I'd pay it off that one.

Could you transfer both balances to a 0% balance transfer card? Pay off £600 . Then cut up all three cards.

Sorry should have said I don't need the money for anything.
Xmas is done, wrapped and all food done except a few fresh bits.
Regarding 0 interest card I'd sooner not because the rest should be clear by March / April. Anyway.

I think paying it off the 980 one is the best idea.

Seeing as the interest rates are quite close and you'll pay off both in a few months, it doesn't really matter.

Paying off the one with the 980 balance has a slightly higher interest rate so you will save a few pence/pounds (unlikely to be much) by paying that one off first. It's also a psychological boost to you for it to be well below £1000.

If you sent it to the other one, you'd likely be able to pay it off in full this year(?) which would mean you would start 2023 with debt on only one credit card, so slightly simpler admin and many would see that as little boost too.