🎲 Fun & Lifestyle
Credit Card Balance Transfer Calculator
Does a balance transfer actually save you money?
Enter values to see your result
Frequently asked questions
When is balance transfer worth it?
When your planned payoff fits within the promo period AND (promo interest + fee) < continuing interest. Break even on a ₹1L balance: ~3–4 months at 0% promo with 2% fee.
What happens after promo?
Rate jumps to standard (often 36–42% in India). If you haven't paid off, you're back at high-cost territory. Plan the payoff carefully.
Does balance transfer hurt credit score?
Short term: small dip from hard inquiry + new account. Long term: usually improves as utilisation drops and you pay down faster.
Can I transfer part of my balance?
Yes — most issuers allow partial transfers. Useful if the new card's limit is below your full balance.