Скачать или смотреть Optimal Velocity Banking Setup for Credit Card Debt (Step-by-Step)

Disclaimer:

This video is for educational purposes only and is not financial, tax, or legal advice. Everyone’s situation is different—always do your own research or consult a qualified professional before making financial decisions.

If you’re using Velocity Banking to pay off credit card debt, the strategy isn’t the hard part — the details are. In this video, I’ll show you the optimal velocity banking setup for credit card debt, step-by-step, and explain why timing matters so much when credit card interest is calculated daily based on your balance over the billing cycle.

We’ll cover how to structure your accounts so your credit card becomes the spending hub, your chequing/checking account stays stable, and your payments are timed in a way that can reduce interest over time. I’ll also walk through a simple example comparing two people with the same debt, the same APR, the same payment amount, and the same spending — but different timing — to show how small details can add up across a year.

Bonus tip: I’ll also talk about when it may make sense to look for additional “stacking” strategies, like a 0% promotional APR balance transfer, as long as the fees and terms make sense and you have a payoff plan.