Should I Include Credit Cards in My Shred Strategy?

Credit cards can play a unique role in your Shred Strategy—but how you include them depends on how you use them.

Carrying a balance each month?

If you’ve got a credit card with a balance you’re carrying month to month, it should absolutely be added to your Shred Account. Credit cards usually charge some of the highest interest rates out there, and even if your monthly payment seems small, it’s still costing you money. The sooner you eliminate it, the better.

Using a card for monthly expenses and paying it off?

If you put your expenses on a credit card and pay it off in full each month, you’ll still want to add it into the software—either as a household expense or using the Consolidation Feature. (We covered this in detail in a past newsletter: Consolidation of Expenses).

Have a 0% interest promo?

If you’re taking advantage of a 0% interest period, you can list that credit card as a second priority in the software. Then, once the promo end date gets closer, switch it to Priority 1 to make sure it gets paid off in time. You can confirm this by checking your Consumer Debts Report and looking at the projected payoff date.

💡 Pro Tip: We typically recommend putting unexpected expenses on your LOC, but you can also leverage a 0% credit card in a similar way—just be sure you have a plan to pay it off before the interest kicks in.

Bottom line: Whether you’re carrying a balance, using your card for convenience, or taking advantage of 0% interest, The Shred Method can help you manage it strategically so you save time, reduce hassle, and stay on track toward becoming debt-free.

Check out this video Adam did on Infinite Banking and Velocity Banking, two concepts we leverage at Shred.

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