How this estimate works
The calculator applies one month of interest to the remaining balance, subtracts your planned payment, and repeats until the balance reaches zero. Actual card calculations can differ because issuers may use daily balances, varying billing cycles, fees, or changing rates.
Ways to reduce payoff time
- Pay more than the required minimum.
- Avoid adding new purchases to the balance.
- Compare lower-rate options carefully, including transfer fees and expiration dates.
- Keep a small emergency reserve so an unexpected expense does not return to the card.
Educational estimate only. Confirm account terms with the card issuer before making a decision.