I've €5k backed up on my credit card and want to clear it.
It's an AIB Platinum card (John Rocha one) and I was considering moving to the Halifax offer of 6 months interest free on balance transfers, and clearing it by then. Alternatively, I was thinking of moving over to the new AIB Click card which offers 8.5% APR which I think is the lowest going at the moment ( I may well be wrong on that).
A third option is to get a loan to clear it.
Any thoughts?
Tx.
You should switch to a 0% rated card and pay off the card as soon as possible. If the credit card debt is due to life style issue then getting a loan is probable not a good idea as you could get into a circle of increasing debt.
Not to go off topic but what is a 'John Rocha' credit card as versus an ordinary credit card?