Credit card payment advice – MoneySavingExpert.com Forums


I’ve have £400 I can use to reduce my credit card bills.
I have 2 credit cards.

My first card currently has a balance of £1850 (£3000 limit). The interest is high at 40%.

The second card has a balance of £1250 (this is also the limit). The interest is less than the other card at 30%.

Should I pay the £400 onto the first card to bring the high balance/interest payments down?

Or onto the second card to get it down from its limit? (As its currently maxed out and I know it doesn’t look good on my credit score)



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