Enter your balance, current rate, and monthly payment to see your net savings after transfer fees — and the exact monthly payment needed to pay it off before the 0% period ends.
Your transfer summary
By transferring $6,000 at a 3% transfer fee, you pay $180 upfront and save an estimated $1,287 in interest over 18 months. To pay this off before the 0% period ends, you need to pay $344/month.
⚠ Warning: At $300/month, you won't pay off the full balance in 18 months. Remaining balance at expiry: approximately $780. After the intro period, this balance will revert to approximately ~24.99% APR. To pay it off in time, increase your monthly payment to at least $344/month.
Current 0% balance transfer offers
Compare cards offering 0% intro APR for 18 months on balance transfers — including transfer fee and ongoing APR after the intro period.
Compare 0% balance transfer cards →No Slave To Debt may receive compensation from partner card issuers. This does not affect our editorial recommendations.
How it works
A 3% transfer fee on $6,000 = $180. At 22% APR, you're paying roughly $110/month in interest on that balance. The fee is recovered in under 2 months. After that, every month of the 0% period is pure savings.
Divide (balance + fee) by the number of promo months. That's what you need to pay monthly to avoid a remaining balance when the rate resets. If you can't commit to that payment, a balance transfer is risky.
After transferring the balance, the original card has a $0 balance. Using it for new purchases turns a smart debt move into double the debt. Put it in a drawer or freeze it.
Balance transfers must cross issuers — you can't transfer a Chase balance to another Chase card. Chase → Citi, Citi → Discover, etc. Check issuer eligibility before applying.
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