Hey everyone, I never thought I’d find myself in credit card debt, but here I am.
I’m 27 and currently have a balance of $3,332.73 on my Chase Freedom Flex card. I wasn’t aware that my promotional no-APR period (15 months) ended this month! I haven’t used this card in a while and have only made small payments (around $200).
I called Chase, and they told me that around September 5th, I’ll start seeing interest accumulation on my account at a rate of 29%, which could be more than $800! I’m freaking out because I’ve always been good at staying out of debt, but I should’ve been more cautious.
The best solution I’ve found so far is to do a balance transfer of the $3k to a Citi Double Cash card, which offers no APR on balance transfers for 18 months. I found this card and others like it on Expedia. Does anyone have any other advice or suggestions? Thanks!