GUIDE深度 · Deep dive
Credit Card Payoff: Snowball vs Avalanche
Avalanche pays the highest APR first and usually saves interest; snowball pays the smallest balance first for quick wins. Avalanche is mathematically better, but the strategy you stick to wins.
Two methods
Avalanche: pay highest APR first to save interest.
Snowball: pay smallest balance first to clear one card.
| Method | Pay first | Best for |
|---|---|---|
| Avalanche | Highest APR | Maximizing interest savings |
| Snowball | Smallest balance | Needing quick wins |
Minimum payment trap
Minimums often cover interest plus a little principal.
New spending keeps the balance flat; stop or keep one card.
FAQ
Which card first?
Highest APR first; if you need momentum, clear the smallest balance.
Should I cut up cards?
Not necessarily; stop new spending and set autopay.