NAVY BT Saving on interest vs 85% UTL

[redE2move]

Before going in to March we're considering taking advantage of Navy's current BT offer (0%/12mos) simply to save on interest.  The top table is the current situation and the bottom is after the BT.  But is it worth it to risk saving on interest and be at an 85% UTL on one card?  The goal is to have debt #6 down to 30% or less and all others at $-0- by June 1st.

<30%	31-40%	41%>	UTL SCALE
EQ	TU	EX	FICO8 as of 2/15/18
676	704	720
UTL BEFORE TRANSFER	CL	APR	DEBT	Current Bal(s)
3%	5000	26.24%	1	153
13%	6000	24.49%	2	758
38%	4000	17.74%	3	1533
51%	6000	26.99%	4	3057
71%	5000	24.15%	5	3556
26%	20000	13.99%	6	5120
76%	7000	26.24%	7	5318
0%	700	24.24%	8	0
36% TOTAL UTL	53700		TOTAL DEBT	19495
UTL AFTER TRANSFER	CL	APR	DEBT	NEW BAL(s)
0%	5000	26.24%	1	0
13%	6000	24.49%	2	758
38%	4000	17.74%	3	1533
0%	6000	26.99%	4	0
0%	5000	24.15%	5	0
85%	20000	13.99%	6	17051
0%	7000	26.24%	7	0
0%	700	24.24%	8	0
36% TOTAL UTL	53700		TOTAL DEBT	19342

[Anonymous]

Is there an user manual for the chart?

[Anonymous]

Your cards that you have now at 71% and 76% are in the same util bracket as 85%, so I don't see it mattering. Just don't run any other cards or your total utilization up.

[redE2move]

@old Manual?

[redE2move]

@steeler - Yes I know the other cards are close to that UTL but where I'm going with it is; Is it better to have one card with a high UTL which also has a lower interest rate?  Or, keep things the way that they are without a BT.  It's about whether I will save any money on interest while paying off the debt by the BT.  Seems to me if I leave things the way that they are, the debt will grown higher with the accruing interest still being tacked on while I'm trying to pay off.  Also, how making this change may affect my credit score.  Not sure if the scores will jump or tumble.   

[AverageJoesCredit]

Im no expert on scoring nor whether Navy would have problems with their card being 85% utilized but my thought is if it can help save you money from interest and you plan on attacking the debt , that 85% will eventually shrink to more managable percent, i myself would do it. Now im not sure how your other creditors would view it were they to sp your reports, ie possible AA, but to me thats worth a risk to help you get your debt in order. Just my average penny

[redE2move]

@ averagejoe 

What do you suppose the consequences may be if the other creditors did an AA on their accounts?  What is the worst scenario that you may have read about or experienced in this situation?  It may be worth me adding that the 3 accounts that I plan on doing the BT for are all the same bank.  Do you think this may tick them off resulting in closing the accounts or decreasing the CLs?