Credit card pay down or savings?

Question

I recently paid off my car leaving about 450 a

month for savings or credit card debt

I owe $6600 on a closed BOA account and currently autopay the min payments the account is closed so i can no longer use it

would i be better off stashing the money that i can have if i need it later or paying off debt with13.99% APR

Answer 1

Unless you're making more interest in savings than you are paying to BOA, definitely pay down your credit card debt. It might be a good idea to create a $1000 emergency fund first if you don't already have one and then start paying the debt down as much as you can.  

Answer 2

pay off the credit card high interest debt

Answer 3

The quick answer is to pay off the card.

But a more complete answer is to do both if you can. Most financial planners recommend that you need to have 3-6 months of living expenses in savings.

You at least need to pay the interest on the credit card plus money into the principal amount. Then, if possible you also need to put money into your savings.