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No. of Recommendations: 2
I suspect the smart thing would be to pay the $4K toward the 9.9% card today, then make the minimum payments on that and allocate the rest to the card that's currently at 0%. But that's based on instinct, not logic.

Frame the problem like this:

If you pay off the $4K card, between now and April 1 you will wind up paying 10% APR on $8K for four months (between now and April), but you save 20% APR on $4k for 18 months (Oct 2013-Apr 2015)

If you don't pay off the $4k card, you will have to pay 20% APR on $4k for 18 months, but you save 10% APR on $8K for four months.

You don't even need a calculator, paying the $4K card saves the most money, so that's the one you need to pay first.

Depending on your cash flow, you might save a couple of bucks by paying a little bit on the 9.9% card until March 31, and then paying off the 20% card. But make sure the $4K card is paid by April 1.
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