Two common ways to pay down credit card debt
The avalanche and snowball methods explained, and how to pick one.
By the MonthlyIQ team · Last updated 2026-09-28 · Editorial policy
Key takeaways
- Avalanche targets the highest APR first.
- Snowball targets the smallest balance first.
- Both work if you keep going.
The avalanche method
Pay minimums on everything and put extra money toward the card with the highest APR. This usually minimizes interest paid.
The snowball method
Put extra money toward the smallest balance first. Quick wins can help motivation.
Stop the balance growing
Knowing your monthly Expenses helps you see how much you can realistically put toward debt. This is general information, not financial advice.
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General information only, not financial, tax, or legal advice. MonthlyIQ is not a bank or financial adviser.