Credit Card Balance Transfer Savings Calculator
Compare paying off your current credit card versus transferring the balance to a promotional 0% APR card. This calculator factors in the balance transfer fee and shows your net interest savings.
About this calculator
Estimate how much interest you'd save by transferring credit card debt to a balance transfer card, factoring in the transfer fee, promo APR period, and your monthly payment.
Frequently Asked Questions
Does this account for the promo period ending?
Yes. After the promotional 0% period ends, the calculator applies your current card's APR to any remaining balance on the new card.
What if I pay off the balance before the promo ends?
If your monthly payment clears the balance within the promo window, you'll pay no interest on the transferred amount — only the upfront transfer fee.
Is a 3% transfer fee typical?
Most balance transfer cards charge 3–5% of the transferred amount, though some promotional offers waive the fee entirely.