Balance Transfer Calculator
This balance transfer calculator shows whether moving your credit card debt to a 0% or low-rate card is actually worth it, once you subtract the transfer fee. Enter your balance, current rate, and the new card's promotional terms to see your real net savings.
The credit card balance you're considering moving to a new card.
The interest rate you're paying now.
The introductory rate on the new card — often 0%.
How many months the promotional rate lasts before reverting to the card's standard rate.
A one-time fee, usually 3-5% of the transferred balance, added to your new balance.
How much you plan to pay each month toward this balance, on either card.
Net savings after fee
सेव करने के लिए लॉग इन करें₹1,17,557
Interest saved by transferring, minus the transfer fee — positive means the transfer is worth it.
Frequently asked questions
Is a balance transfer always worth it?+
No — if your promotional period is short relative to your balance and payment amount, you may not clear it before the rate reverts, eroding much of the benefit. Run the numbers with your realistic monthly payment, not an optimistic one.
Does the transfer fee apply to the new card's credit limit?+
The fee is added to your transferred balance, so make sure your new card's credit limit is large enough to accommodate the balance plus the fee — otherwise you may only be able to transfer part of your debt.
What happens if I don't pay off the balance during the promo period?+
The remaining balance starts accruing interest at the card's standard rate — which can be as high as, or higher than, your original card. This calculator models exactly that reversion in the 'interest paid with transfer' figure.