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What Cards to pay first?

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Outdoorstech1
Frequent Contributor

What Cards to pay first?

I have two cards with interest.  Rest of my credit cards are 0% cards so I am taking my time paying those. Why not, its 0% interest. 

 

What one to pay first? I have about 500 in free cash. 

 

First card is Discover, Balance $1,205 -statement close date in two days, 25th

Second Cap One Balance $300  -statement close date (already closed payment due 10/8) 

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1 REPLY 1
taxi818
Super Contributor

Re: What Cards to pay first?


@Outdoorstech1 wrote:

I have two cards with interest.  Rest of my credit cards are 0% cards so I am taking my time paying those. Why not, its 0% interest. 

 

What one to pay first? I have about 500 in free cash. 

 

First card is Discover, Balance $1,205 -statement close date in two days, 25th

Second Cap One Balance $300  -statement close date (already closed payment due 10/8) 


Of course pay the cap 1 in full first. Since lowest. The more with 0 balance the better your score. 

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