Moderator Emerita
Community Leader
Epic Contributor
Posts: 28,098
Registered: ‎04-01-2007

Re: Advice on combining two cards

I think I saw a similar post of yours elsewhere, and I'll give a similar answer to the one that I read on the other one.

If you only owe $191, why do you care about the APR? Surely you weren't carrying that as a balance, were you?

I'd pay it off and keep using the card. It's still perfectly useful, and you don't have to pay a penny in interest if you don't want to.

In this credit climate, it's suicide to carry balances on cards. I don't begin to know what the APR's are on most of my accounts, and it doesn't matter, because I pay the balances online a few days before the statement posts.

Banks are now shaking the money tree hard, and anyone who carries a balance and pays interest is a cash cow. Those who don't wish to be milked might want to get their balances down and off. :smileywink:
* Credit is a wonderful servant, but a terrible master. * Who's the boss --you or your credit?
FICO's: EQ 781 - TU 793 - EX 779 (from PSECU) - Done credit hunting; having fun with credit gardening. - EQ 590 on 5/14/2007

myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.

>> About myFICO
FICO Score - The Score that matters
Click to Verify - This site chose VeriSign SSL for secure e-commerce and confidential communications.
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+