Low interest credit cards and many more topics
Maintain the same payments as you made on the first card. Add what you would be paying in minimum payments on the credit card you just paid off to the regular payments you were making, and apply that to the new credit card. This will allow you to pay off more and more of the balance as you move forward, hence the term "snowball. " When you free up a card with a low interest rate during your snowball, consider moving your balances to that card. Doing so will free up even more money to pay down your debt, that you might have otherwise been paying in interest.