Credit card repayment and interest calculator

See how long a card balance takes to clear and the interest it costs, compared with paying only the minimum amount due.

Estimate from your own figures

Card terms often state a monthly rate. Use the rate in your card's Most Important Terms and Conditions or statement.

Finobazaar does not supply card rates; enter your own card's rate.

From your card terms or statement. Leave empty to skip the minimum-payment comparison.

Some cards set a smallest minimum payment; check your card terms.

Your figures are sent only to calculate this result. They are not stored and do not appear in the page address. Never enter card numbers, PINs, OTPs or passwords.

Learn more: Credit card interest, the minimum amount due and your rights.

Frequently asked questions

How is card interest estimated?

Each month, interest = balance × monthly rate is added and then your payment is taken off, with no new spending. Issuers usually compute interest daily and add GST, so actual interest is likely to be higher.

How is the minimum amount due modelled?

As the larger of the percentage of the balance you enter and the lowest minimum you enter. Check both on your card terms.

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