See exactly how long it takes to pay off your credit card — and how much interest you'll pay getting there.
Every month you carry a credit card balance, interest is charged on the remaining amount. Minimum payments are designed to keep you in debt as long as possible — often 20+ years on a typical balance. This calculator shows what your chosen payment actually costs, and how much you save by paying more than the minimum.
If your APR is above 20%, moving that balance to a lower rate card or personal loan can dramatically cut your payoff time.