Credit Cards
Balance Transfer Savings Calculator
Compares the total cost of transferring a credit card balance to a lower-rate card against continuing on your current card.
Your details
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Estimated savings from transferring
₹21,694
Total cost if transferred
₹2,000
Transferring saves an estimated ₹21,694 compared to staying on your current card, after accounting for the transfer fee.
How this is calculated
Compares total interest cost if you stay on your current card (month-by-month simulation at the current APR) against total interest cost plus transfer fee if you move to the new card's rate.
Frequently asked questions
What's a balance transfer?
Moving your outstanding balance from one credit card to another, usually to take advantage of a lower or 0% promotional interest rate for a limited period.
Is the transfer fee worth it?
Usually yes if the rate difference is large enough and you can pay off a meaningful chunk during the promotional period — this calculator nets the fee against the interest saved to show the real picture.
What happens after the promotional period ends?
The rate typically reverts to a standard (often high) rate — plan to pay down as much as possible during the promotional window.