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Question By
gakade

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ok, want to pay off my cards in full, is it best to pay off
I have 3 cards I want to pay off in full and I want to know what is the best way to do this? 1. Pay all in full to each card or 2. transfer to another card and then pay in full?

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Why transfer, what type of benifit do you think there might be? This takes time and effort and you ALWAYS pay some type of fee for the transfer typically 3% 5$ minimum. Just pay them off, if you can.

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Best to pay all cards in full every month as long as you have the money to do so. When you don't,  pay them off as quickly as possible.

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The problem with moving balances to a new card is that people end up using the old cards the same way they always have.  In your case, you would have double the debt tomorrow that you have today.  If you can pay them off, you should do so.   Just keep the accounts open and manage them at 10% utilization maximum per month.   And always pay them off in full when the statement comes in.  Why give them interest if you don't have to.

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