Balance Transfer Savings Calculator
Use our Free Balance Transfer Savings Calculator to work out how much interest you could save by transferring your credit card debt to one of the balance transfer credit card deals featured in our comparison table below.
How to use the balance transfer savings calculator:
- Enter the balance you are looking to transfer by using the slider below.
- Enter your current purchase interest rate - you'll find this on your credit card statement
- Check out the ‘Your Savings’ column, this is an estimate of how much you'd save on interest by switching to each card. Clicking on the ‘?’ icon explains how the savings are calculated.
- Click on the "Your Savings" column header to rank the savings from high to low
It is important to consider all the features of the balance transfer credit card when making your decision, in particular the revert rate, purchase rate, cash advance rate and any annual credit and balance transfer fees.