No. of Recommendations: 1
Right now I have balances at 2.9%, 3.9%, and 4.9%, and a some of that money sitting in an SFNB checking account earning 6%.

Hi, if your money in the 6% account isn't needed for anything, you should use it to pay down your highest interest debt. After taxes, that 6% may not amount to much. Even without taxes the gain is tiny.

I did that for a while once, with a very low rate, and realized that the cost of the stamps to pay the minimum monthly payments had pretty much wiped out the difference!
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