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Debt & Housing

Balance Transfer Savings

See how much a 0% APR balance transfer saves you after the transfer fee, compared with the interest you would keep paying on your current card.
Net Savings From Transferring
$0
After the transfer fee, paying the balance off over the promo window
Interest If You Stay
$0
Charged over the same window
One-Time Transfer Fee
$0
Charged up front
Cost To Clear The Balance
💡 The Math
Estimates assume you split the balance into equal payments across the promo window. Actual savings depend on your card terms, payment timing, and any new purchases.
🏛 Predictable Income

The Balance Transfer Savings Calculator

The Balance Transfer Savings calculator answers a question that trips up a lot of cardholders: does moving a balance to a 0% APR card actually save money once you account for the transfer fee? Issuers charge a one-time fee, usually a few percent of the balance, in exchange for a promotional window with no interest. This tool weighs that fee against the interest you would pay by staying on your current card, so you can see the net result in a single number before you apply.

To use it, enter the balance you want to transfer, set your current card APR, then choose the transfer fee percentage and the length of the 0% promotional period. The hero shows your net savings after the fee. One stat card shows the interest you would pay if you stayed put, and the other shows the one-time transfer fee. The chart compares the total cost of clearing the balance each way, so the cheaper path is obvious at a glance.

A balance transfer is a powerful tool, but only when the interest you avoid clearly beats the upfront fee. At high APRs the math usually favors transferring, while at lower rates the fee can erase the benefit. Just as important, the savings only land if you clear the balance before the promo ends, since the rate jumps afterward. Running your real numbers keeps more of your money out of the issuer's hands.