6,500 at 22.9%, 3% fee, 15 months at 0%
$6,500.00 at 22.9%. Fee 3%. Promo 0% for 15 months. Pay $250.00.
Fee $195.00. Interest saved $2,143.19. Break-even 2 months.
Credit card balance transfer calculator
The fee is added to the balance. The promo rate lasts for the months you type, then the old rate returns.
You pay the same amount either way. Break-even is the month the interest you skipped covers that fee.
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More · currency symbol
Symbol only. Amounts are not converted.
Interest saved
$2,143.19
The fee is covered after 2 months.
- Transfer fee
- $195.00
- Balance left
- $0.00
- Payment to clear in the promo
- $446.33
Next: Snowball vs avalancheSeveral debts, not one card.
How this is calculated
Fee up front, promo rate, then the old rate
new balance = balance × (1 + fee)
| fee | A percent of the current balance, added once. |
|---|---|
| recommended | The payment that would clear the new balance during the promo months. |
Break-even is the first month when the interest you avoided is at least the fee. A short promo can end before that.
If the payment does not cover the interest, the balance grows and the page stops. It will not run a 50-year card.
Worked examples
Loading an example fills the tool and scrolls you back to the result. Money examples stay in US dollars on the page. The symbol you picked changes; the numbers do not convert.
A 5% fee and only 6 promo months
$6,500.00 at 22.9%. Fee 5%. Promo 0% for 6 months. Pay $150.00.
Fee $325.00. Interest saved $2,222.67. Break-even 3 months.
Embed this calculator
Paste this on a page you control. The frame shows the tool only. The formula stays on this page, and the frame links back here.
<iframe src="/embed/credit-card-balance-transfer-calculator" title="Balance transfer" width="100%" height="720" style="border:0;max-width:42rem" loading="lazy"></iframe>Questions
Is the fee a percent or a flat charge?
A percent of the balance you move. A flat fee has to be turned into a percent of that balance before you type it.
What payment clears the balance during the promo?
The recommended line. It is the amortizing payment on the balance plus the fee, at the promo rate, over the promo months.
Does the old rate come back?
Yes, the month after the promo ends, on whatever balance is left.