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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.

Credit Card 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?
Over the selected time period, your total interest charges will be
$0.00

Best Zero Percent Credit Cards

Navy Federal Visa cashRewards Card
Credit Needed: Excellent, Good, Fair
Purchase intro 1.99%6 months
Regular APR 9.65% - 18.00% (Variable)
Balance Transfer Intro APR N/A
Balance Transfer Intro Period N/A
Annual fee $0
Assent Platinum 0% Intro Rate Mastercard Secured Credit Card
Credit Needed: Poor/Limited/No Credit
Purchase intro 0%Six Months
Regular APR 12.99% ((V))
Balance Transfer Intro APR N/A
Balance Transfer Intro Period N/A
Annual fee $49
TD Cash Credit Card
Credit Needed: Excellent, Good
Purchase intro 0% Introductory APROn purchases for first 6 billing cycles after account opening.
Regular APR 12.99%, 17.99% or 22.99% (variable APR based on your creditworthiness)
Balance Transfer Intro APR 0%
Balance Transfer Intro Period Introductory APR for the first 15 billing cycles after Account opening. After that, your APR will be 12.99%, 17.99% or 22.99%, based on your creditworthiness.
Annual fee $0
Navy Federal Credit Union Platinum Card
Credit Needed: Excellent, Good, Fair
Purchase intro N/A
Regular APR 5.99% - 18.00% (Variable)
Balance Transfer Intro APR 0%
Balance Transfer Intro Period 12 months
Annual fee $0