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Credit Card Balance Transfer Calculator

NEW! Credit card balance transfer offers are even more attractive with the 2010 credit card law. Card issuers must apply payments you make, in excess of the required minimum payment, to those balances with higher interest rates. In the past, banks would usually apply payments to lower interest rates first, meaning you’d be paying down your 0% APR balance while getting hit with finance charges on anything you subsequently purchased.

Looking for a painless way to save money? If you are carrying a balance on one or more credit cards, transferring those balances to a card with 0% interest can save you hundreds, possibly over $1,000 a year. Use our balance transfer savings calculator to see how much you can save.

Balance Transfer Savings Calculator

The average family that carriers a balance has about $8,000 in credit card debt. Assuming an 18% interest rate, you could save almost $1,000 over the course of a year by transferring balances to a 0% card.

To see how much you can save, just enter in your actual card balances. To actually save some money, check out one of the offers to the right.

Card	Balance	Interest Rate
Card 1	$	%
Card 2	$	%
Card 3	$	%
Card 4	$	%
Balance Total

* Calculation assumes a 3% balance transfer fee. It also assumes that you are required to make a minimum payment of 3% of your new balance each month and that the issuer applies the minimum payment to your 0% balance transfer balance. These calculations ignore any additional purchases you might make, or fees, interest or penalties associated with not meeting the card issuer's terms.

0% Balance Transfer Cards
0% for 18 months	0% until May, 2013
0% for 12 months	0% for 15 months**
0% for 18 months**	0% for 12 months
0% for 18 months	0% for 12 months**

** See the online credit card application for details about terms and conditions. Reasonable efforts are made to maintain accurate information. However, all information is presented without warranty. Click "Apply Online" to visit the card issuer's website, complete an application, and review the full terms and conditions of the card in which you are interested