If you could pay off one....

delete - my questions no longer apply as OP changed her post.

I voted for highest interest, but it could depend. If you are having trouble meeting monthly amounts, then the highest monthly amount one would be first. Or if the company was not wanting to work with you, then get rid of that one.

I personally would pay off the one with the highest interest rate. I know that some financial gurus say to pay off the smallest debt to largest, but most of the reason behind that is that gives you a boost to continue on the plan b/c you see that little debt disappearing. However, if you would be able to get rid of an entire debt, then I would think that would give you the same effect and numbers wise the one with the highest interest rate would be the best.

normally I'd do lowest balance but if they are all similar I'd probably do highest interest or which ever one bothered me most. I'd pay off one in full and then close it.

What are the balances?

I'd pay off AMEX and then put any extra toward BOA and then put the monthly from AMEX toward the BOA.

Then I would close the BOA and not do business with them again.

BoA, AMEX and Discover are the worst of the worst. I would pay AMEX, then BoA, the Discover. If you are a follower of Dave Ramsey, Close them all. If not, keep one open with 0 balance.

Yikes! I did not notice that the BOA rate was only until June. It usually has on the statement what new purchases are or will be charged at. It is usually on a line beside the rate for cash advances, etc towards the bottom. Not that they might not up her rate again in June, but that might give her an idea.

I would pay off the AMEX firt, for 2 reasons:

1. It has the highest interest rate, so paying it off first will save you money in the long run.

2. Based on my personal experience with AMEX and BOA, I would say AMEX is the worst of the CC companies. They engaged in a bunch of shady, and possibly illegal activities to get payments from me, and because I was young and naive, they totally took advantage of that. They had me pay with a check by phone, which I authorized as a one time event. They proceeded to start taking payments out of my bank account tat their own discretion, several times a week, with no warning. It got to the point where I ended up having to close my bank account and open a new one to keep them from taking every penny I had.

I'd pay off the highest first and then the others. I don;t think you can say one cc co is worse than the others--they'll all raise your rates/make money off you if they can. We never carry a balance and we still get frequent rate changes and changes to limit amounts. CCs are legal loan sharks IMHO.

I'd start with the highest interest rate and then start throwing everything I had at the BoA to get it as far down as possible before June.