Just be careful with this. You really need to look at what the 0% card payment will be once the interest rate would kick in. If you concentrate on the card you pay interest on you know what that payment is. If you find that you can't swing that payment once the 0% is gone it may be best to try and get this credit card paid off first. Others may tell you different and there are 2 sides to every argument so you have to do what is best for you. Just make sure you look at the big picture.
I just got a great offer to balance transfer to one of my credit cards paid off at 3.99% until it's paid off. I got rid of 3 smaller cards I was paying on but have found my payment went up by almost $100 a month overall. This is because of what they require as a % for your monthly payment. Overall I'm better off but right now I shot myself in the foot.
Also be careful with the 0% balance transfer game. I got myself into this as I cringed at paying 12% interest on my cards and it's very confusing to manage.
Last edited by jasanderson : 12-12-2007 at 08:06 PM.
Reason: added something
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