What would look better? CC troubles

[tacpoly]

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@Anonymous wrote:

Thanks for the advice.

It's still not relevant because my financial habits, income etc aren't in play here. My question is pretty clear. Besides, I don't think it's prudent to take out savings to pay off an amount tha I could pay off very easily in the future.
My income, the amount I spent on the trip (that was mentioned specifically to state why I would be annoyed by a big amount being charged once again towards the card, and giving insight to what I charged such a big amount on, not "Hey, look at what I spend on trips, infer my income") and my shopping habits are things that have absolutely nothing to do with the advice I'm looking for, it has nothing to do with the post itself, I'm not seeking financial habit advice. Again again again, the advice I'm asking is whether I should transfer its complete balance to DC or 50/50 it between Plat & DC, nothing related to my income, my savings or whether or not I spend too much on socks.

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If you don't want people to comment on anything else outside of your fairly narrow question, then don't include it in your original post (or, in your case, take it out of your original post); you can still edit it, as you well know. 

I gave my advice on the balance transfer in my previous post:  all of it.  I frankly don't see why you would even consider only transfering half and having to pay interest -- unless you're worried about how credit card companies view your spending and payment patterns (i.e. carrying balances). 

[Anonymous]

The title of your post ends with “CC troubles”. Read the rebuilding part of the forum to see what CC troubles really are. You mentioned that you have a shopping problem in the original post. We assume you put that in there as something relevant to the question. Maybe edit the post? I have a $6000 Amex Platinum balance I don’t want to pay right now. What BT cards do you suggest? That might of been better than being (what is seems) annoyed that your spouse spent some money on YOUR card. But then in the next sentence you say it’s “OUR” money.

This forum has helped many people (including myself) with credit card issues, questions, concerns and general financial advice. And everybody on here (I’ve notice) are very eager to help. But if someone sees a concern we will say it, most likely, because we’ve been down that road and don’t want other people to make a mistake that could be easily avoidable.

Anyways, NFCU (if you qualify) has a great BT card with a zero transfer fee.

[Remedios]

Last several posts are getting to be quite contentious. Please keep it FSR. 

Thank you. 

[AverageJoesCredit]

Just use your bt offer. It wont be end of the world having a card report 40% , especially if you plan to pay it back in full in a couple months. Youll probably get a better cli from Citi too

On a side note, when you ask for advice on what would people other thsn your self do in a credit situation, you are bound to get different answers based off different experiences. Accept it, cull from it what applies best to your situation and you'll enjoy the experience much better in my humble opinion.

[Anonymous]

"I frankly don't see why you would even consider only transfering half and having to pay interest" by rule of thumb we're supposed to maintain less than 30% on a card. 30% of 13K card is $4,200. Dividing the balances by 50/50 = 3K on DC, 3K on plat which would amount to less than 30% on each card by util. 

I don't mind people commenting on the rest of the post at all, I added the info so people would have an overall profile, but centering your advice on solely a judgment you're taking out of a completely vague statement is what I'm not okay with. I've given data points on my financial situation before, including my income, but I didn't in this post. Which would mean I don't think it's relevant to my question. I'm pretty sure what I'm emphasizing makes a lot of sense. 

[Anonymous]

I mean, troubles could mean anything. CC troubles in my case is I'm not sure how to go about the balance between my cards which would equal difficulty in knowing what to do which would translate exactly into "troubles". But you have a point, I should have checked others' post to see what people here usually refer to as "trouble". Just wanted some input.

It's my card because it's not a joint credit card. It's a card under my name, I'm the primarily cardholder. It's our money because our savings accounts and checking accounts are joint, we don't divide our income. Therefore it's our money. The point of the post wasn't my annoyance, just wrote that so it would've been easier to profile the situation, the point was what to do with said "annoyance".

[Anonymous]

That's great advice, thank you. 

This is one of the best forums on the internet for financial advice and I would never purposefully attack someone for lending me a hand but sometimes if I feel I need to clear something up, I should, y'know? But agreed, thank you for your kind comment

[Anonymous]

I wouldn’t think Amex would like that but I’m extra cautious with them after having a FR years ago. You mentioned you don’t want to pay it off with savings, I don’t know what your savings earns in income. But a $6k balance transfer (without a 0% transfer fee) a minimum of $180 (3%). 3K would be $90 and whatever Amex charges for the other 3K with pay overtime. Unless you plan of keeping the BT for a while, I wouldn’t worry about being over 30% util. Anybody else have any thoughts that I missed or think differently?

[AverageJoesCredit]

One of the ways the more savy people here use a bt for here is to take advantage of a 0% promo period so they can use their money for other things or to earn interest . Many here can pay in full right away but choose not to. Thats ok too. Make your credit work for you not the other way around. This is also why i recommend using the DC . Sure 30% is recommended but unless you are apping for a mortgage or car, its ok to carry once in awhile

[Anonymous]

Exactly what I needed! See this is what I was waiting for, the CC knowledge. lol! I wasn't being bitchy on purpose, I just felt people were focusing on the wrong thing. 

Anyway, I know I should just pay it out now but I only save up 20% of our income each month in liquid and I hate ever touching it because I believe we should save a whole lot more but we don't. I could pay it off by taking that 20% and saving $0 for 2 months but I just wouldn't feel comfortable doing that.