Balance Transfer Calculator
0% APR balance transfer offers sound great — but does the math actually work in your favor? Plug in the numbers and find out.
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Usually 0% for balance transfers
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Typically 3–5% of balance transferred
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How long the low rate lasts
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The rate that applies after the promo ends
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Enter your numbers to see if a balance transfer saves you money.
Are Balance Transfers Worth It?
A 0% balance transfer can save you hundreds or thousands in interest — but only if:
- You can pay off the balance before the promotional period ends. After that, the regular APR kicks in — enter that rate above for an accurate estimate. It may be different from your current card's APR.
- The transfer fee (usually 3%) is less than the interest you'd otherwise pay.
- You stop using the new card for purchases — purchases often accrue interest immediately at a higher rate.