How to Pay Off Credit Card Debt Faster: 5 Strategies That Work Credit card debt can feel overwhelming, especially with high interest rates stacking up each month. But with the right strategy and mindset, you can take control and pay it off faster than you think. Here are five proven methods to accelerate your debt payoff journey. 1. The Debt Snowball Method List your debts from smallest to largest balance. Pay minimums on all but the smallest, which you pay off as quickly as possible. Once it’s gone, roll that payment into the next-smallest debt. This approach builds momentum and motivation. 2. The Debt Avalanche Method List debts by interest rate, highest to lowest. Focus all extra money on the debt with the highest interest while making minimum payments on the rest. Over time, this method saves the most money in interest. 3. Balance Transfer Credit Cards Some cards offer 0% APR for an introductory period (usually 12–18 months). Transferring your high-interest balance to on...