Need some advise

[motiv8ed2getthescoreup]

I just got a Citi master card that has a 4k limit on it and 0% interest on balance transfers and purchases for 21 months. I owe $2500 on my car at 11% interest. I have about 20,800k available in credit. Would it be a good idea to pay the car off on the card and save the interest. I know that moving debt around isn't really a good idea, but I just figured I would come out better not paying interest. I would still make the same payments, as if I were paying the bank loan, til it's paid off. I have one other card that is reporting a balance BofA 7000k/ $2000k balance, which is also interst free until next april. I don't have any other debt besides these two things. House and student loans are paid off. Any advise will be helpful. Thanks

[visorboy1974]

Pay the car off and save on the interest!

[Anonymous]

When did banks start letting you pay off car notes with a CC?

[motiv8ed2getthescoreup]

Wells Fargo dealer services has an option to pay with a cc. Or I figured I could use the checks they send out for the balance transfers

[visorboy1974]

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@motiv8ed2getthescoreup wrote:

Wells Fargo dealer services has an option to pay with a cc. Or I figured I could use the checks they send out for the balance transfers

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Yep...if they don't accept cards, just pay with the check. 

[Anonymous]

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@motiv8ed2getthescoreup wrote:

Wells Fargo dealer services has an option to pay with a cc. Or I figured I could use the checks they send out for the balance transfers

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I see well it's only $2500 so if it's gonna save you some money in the long run go for it.

[motiv8ed2getthescoreup]

Okay guys, thanks for your responses!

[clocktick]

How long until the car is paid off?  Citi adds 5% to transfer balance I think but still worth it - I would definitely do it!