Hello All

Here is the dilemma I have – hope someone can help.

Credit Card 1 – American Express Blue
Total Credit Line $17,000.00
APR 8.990%
Debt to Credit Ratio 11.93%

Credit Card 2 – Mastercard
Total Credit Line $25,000.00
APR 10.990% first $12,000 - 3.990% remainder
Debt to Credit Ratio 60.60%

Above is what I approximately owe – I have $5,000 in savings I would not like to use (saving it in case of an emergency) – I can pay this debt off in the next 2 years.

I would like to know from the experts – should I open a 0% APR credit card – I have offers for this rate for 2 years. My FICO score ranges from 736, 753, 764.

Is this a good idea or not recommended – my Debt to Credit Ratio will decrease but how badly will it effect my credit. These are the only 2 credit cards I have.

Thanks in advance !!!