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Credit card interest calculator

To get the most out of our credit card interest calculator, have your latest statement handy. To determine how much interest you’re paying and how much interest you could save, you’ll need your current credit card balance, annual percentage rate (APR) and the minimum or average monthly payment. Then compare expected interest expenses by entering APR and average expected monthly payment for alternative credit cards.

Estimate debt repayment

Whether you want to take advantage of better rewards or low interest credit cards, knowing how much interest you're paying is crucial for your financial health. If you feel you're paying too much credit card interest, consider transferring your balance to zero interest credit cards offered during an introductory period.

Debt payoff calculator

Use the credit card interest calculator below to see how you can pay off your debt more quickly or how much you can save with zero interest credit cards.

How Much Interest Are You Paying?
Current Balance
Interest Rate (APR)
Average Monthly Payment
Time Period
Over the selected time period, your total interest charges will be