The Best Tricks To Pay Off Credit Card Debt Fast

Thursday, June 15th, 2017

It’s easy to lecture people about getting into credit card debt, but it’s also easy to get into debt over your head without even realizing it. First, you’re charging one small purchase that you plan to pay off as soon as you get paid, and the next thing you know, your credit card balance is higher than your next paycheck and you end up having to carry the balance over from month to month.

If this has happened to you, don’t despair. Feeling guilty about debt is a waste of time. Your mental energy is better spent figuring out a way to pay off your debt so it doesn’t weigh on your mind anymore at all. Luckily, there are a few great tricks to help you pay down your credit card balance quickly. If you implement them and stick to it, you’ll soon be back on top – and then the shoe will be on the other foot, and you can be the one lecturing your friends about credit card debt.

Apply for a balance transfer credit card. The absolute best thing you can do to cut the amount of time it takes to pay down your debt is to transfer your balance to a 0% APR credit card. Many cards offer an introductory rate of zero percent, lasting anywhere from six months to nearly two years. If you’re paying interest on your balances, and especially if you’re paying a high interest rate, apply for a new credit card and transfer your balance so you can save on that interest.

Consolidate your debt onto one card. You can transfer more than one balance to your new no-interest credit card, so if your debt is spread across cards, take advantage of this and put your entire debt load onto your balance transfer card, if the credit limit allows. Having all your debt on one card will make it simpler to keep track of, and ensure that it’s all at a zero percent interest rate.

Utilize account management tools. Many card issuers offer a wealth of tools on their online account centers; customers can make a paydown plan, analyze their spending, and see how long it will take to pay off their debt depending on how much they pay each month. Take advantage of all the tools offered by your card issuer, and you’ll be able to feel in control of your debt repayment plan.

Latest Balance Transfer Cards Guides

The One Thing You Need to Know About Balance Transfers November 4th, 2016

Transferring a high-interest balance to a new credit card with a 0% APR promotional rate is one of the smartest financial moves you can make. It seems like an easy way to pay off debt quickly, with not a lot of questions about whether it’s a good idea or not.
Continue »

5 Things to Know About Credit Card Debt March 22nd, 2016

If you’ve got credit card debt, there are a few things you should know. First off, you’re not alone.
Continue »

Best Tricks to Stay Debt-Free for Life September 11th, 2015

Being in debt can feel like something heavy is weighing you down. It keeps you from living your life and being your best self.
Continue »

Six Strategies for Staying Debt-Free December 9th, 2014

If one of your resolutions for the approaching New Year is to get--and stay--out of debt, you may be tempted to lock away your credit cards and vow never to use them again. But there’s no need to be afraid of using your cards.
Continue »

When it Makes Sense to Transfer a Balance June 23rd, 2014

If you are carrying a balance on one or more of your credit cards, you might be wondering if it makes sense to transfer your balance to a new card.
Continue »

Best Credit Offer
Discover it® - 18 Month Balance Transfer Offer
Check off the cards you want to compare. Then click the Compare link to go to the comparison table.
Consumer Rating: 5 / 5
Horizon Card Services Horizon Gold Credit Card
Copyright © 2001-2017 All Rights Reserved.

* The webpage is a free service and an information resource for credit cards and financial products and services available to eligible United States consumers. does not offer any warranties and is not a direct service. There are no guarantees for approval or offers when applying for a credit card. Please refer to the application if you would like more information on each credit card. When you click "Apply" for a particular credit card, please take the time to review the terms and conditions of the product/service at the issuer's website. All logos on the website are property of their respective owners.

Disclaimer: This editorial content is not provided or commissioned by the credit card issuer. Opinions expressed here are the author's alone, not those of the credit card issuer, and have not been reviewed, approved or otherwise endorsed by the credit card issuer. Reasonable efforts are made to present accurate info, however all info is presented without warranty. Consult a card's issuing bank for terms & conditions. makes every effort to keep information up to date and accurate. However, the information regularly changes and is presented without warranty. Therefore, we strongly recommend all our readers to visit the credit card application page by clicking "Apply Online!" button to review the detailed credit card's terms and conditions. Note that may be compensated by the credit card issuers when the readers apply for a credit card through this site. is an independent, advertising-supported website which receives compensation from the credit card issuers and companies whose offers appear on the site. Compensation may impact how and where products appear on our site, including, for example, the order in which they may appear on the site pages. does not review or list all available financial or credit offers.

Disclosure: Not an access card.

User Generated Content Disclaimer: These responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.