13 Winning Tricks to Get Rid of Credit Card Debt (For Good!)

13 Tricks to Help You Get Rid of Credit Card Debt

Know any good credit card tricks?

When you're deep in debt, you just want out.

Here's a nice list of ideas, a refresher if you will, to keep you headed in the right direction and to help you get rid of credit card debt fast:

Cut Up Your Credit Cards – If you're swearing off debt for good, consider cutting up the cards. Sometimes it's the accumulation of more debt that keeps us from paying off the debt we have. This doesn't mean you have to close down the accounts (which could harm your credit score), but it will make it harder to use a card at the register.

Put Your Cards on Ice – If you don't want to cut your cards up, put them on ice. Literally put them in a cup of water and put them in the freezer. You'll have them in an emergency, but you won't be tempted to use them on a quick purchase.

Put a Note in Your Wallet – If that's too impractical, then simply put a note in your wallet on your cards reminding you about your debt reduction goals. Be rude to yourself if you have to. Something like, “don't do it, you idiot” would probably work on me.

Sell Your Junk – To speed up your credit card pay off schedule, bring in some extra cash by selling your stuff on Craigslist or eBay. Also, consider having a garage sale for even quicker cash.

Get a Second Job – If you don't have junk to sell, then consider taking on a second job to really help you pay off those debts quick.

Post a Debt Payoff Schedule on the Fridge – Where your stomach is, there will your mind be also (or something like that). Hyper-focus on your payoff plan by putting it front and center.

Transfer Your High-Interest Balance – If your balances and interest rates are big enough, consider transferring your credit card balances to a card with a 0% promotional interest rate. You could also use a peer to peer lending site to do this. Be aware of transfer fees, which might negate any interest savings you experience. Also, be careful not to use this new card as an opportunity to spend more.

Listen to Dave RamseyDave Ramsey will motivate you to pay off your debts. Period. He's the man with the seven step plan that can really help you to kick your debt reduction plan in gear. He's got a radio show and a daily podcast you can tap into.

Pay Off the High Interest Balance First – If you're number cruncher, consider paying off your debts by tackling the card with the highest interest rate first. Then move to the next highest interest rate card. This will help you pay less in interest over time.

Pay Off the Smallest Balance First – If you need to be motivated by a quick win. Consider using the debt snowball approach. Build upon your small victories and destroy your credit card debt one at a time starting with the smallest.

Obsessively Track Your Spending – Are you obsessed with controlling your spending? Maybe you need this extra motivation to help you avoid future debt, and to provide extra room in your budget for fast debt reduction payoff. Track your spending with Personal Capital, or consider a zero based budget.

Become a Freegan – Along those same lines, consider becoming some what of a freegan (a person who tries to use only free products and services). You don't have to change your entire life forever, but it will surely help to get rid of debt if you can devote most of your extra income to debt reduction. Using free products and services only will help you do this.

Consider Getting Help – If you're not a do it yourself kind of person, enlist the services of the Pay Off Debt app (see below) to help you get rid of your credit card debt.

Have anymore tips or trick for how to get rid of credit card debt fast?

The Pay Off Debt App

Pay Off Debt AppThe Pay Off Debt App is designed to help you create and use a debt snowball to focus your debt reduction efforts. It’s a proven systematic way to get out of debt. There are no hidden charges or locked features. Use the app forever once purchased without any additional offers or features you have to pay to unlock! The app provides detailed insights and summary level information so you can see your plan in action.

Click here to get Pay Off Debt.

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Last Edited: January 31, 2017 @ 7:13 amThe content of ptmoney.com is for general information purposes only and does not constitute professional advice. Visitors to ptmoney.com should not act upon the content or information without first seeking appropriate professional advice. In accordance with the latest FTC guidelines, we declare that we have a financial relationship with every company mentioned on this site.
About Philip Taylor

Philip Taylor, aka "PT", is a CPA, financial writer, podcaster, FinCon Founder, husband, and father of three. He created PT Money back in 2007 to share his thoughts on money and to meet others passionate about managing their finances. All the content on this blog is original, and created or edited by PT. Read more about Philip Taylor, and be sure to connect with him on Twitter, Facebook, or Google+. Listen to the new podcast, Masters of Money!


  1. another is to stop being seduced over and over by the overly creative ads that are all over the place. Just because Steve Jobs says that everyone has ad ipad and that you should get one doesn’t mean that you should follow his advice. Just thing every purchase though and develop discipline. It will do you a world of good if you can control yourself

  2. I think the idea about putting a note on your credit cards is genius. I think that people should always have one form of emergency tender in their wallets so putting your card on ice or cutting it up might not be an option.

    I also used the smallest to the largest approach. It was always great to see things obtain a zero balance and some places will let you know make a payment schedule on the higher items so you can still remove some of the balance.

  3. Good article! I like the smallest to the largest, too. It’s one less collection bill!

  4. Very creative list of tricks here! I particularly like the second one, “Put Your Cards on Ice”. Unconventional, but I’m sure very effective!

  5. Deacon Bradley says:

    Good list. For me a HUGE motivator was listening to Dave Ramsey on Fridays. That’s when the debt-free people call in and tell about their experience. It didn’t take long for me to realize I’ve had it easy compared to some of them so surely I could make it too!

    Also can’t say enough about paying your debts off smallest to largest even if you think the math is wrong. It’s not about math when it’s personal finance!