Calculator: Credit card reality check

Calculator: Credit card reality check

This credit card calculator can throw up some shocking results. See your payments and see what happens if you’ve been lured into taking a credit card with a low-interest introductory offer that has expired, forcing you to paying higher rates for longer, much longer.

Credit Card Reality Check Calculator

Warning: This calculator does not factor in the time it would take to repay a credit card debt where the minimum payment is calculated as a percentage.

    Your Plastic Debt

    This calculator will show you just how long it’s going to take you to clear your credit card balance if you don’t wake up, face reality, stop paying the bare minimum and start clearing this punitive form of debt. Average rates are around 17.5% – many much higher.

  • £
  • %
  • £
  • years,
    months
  • Your monthly payment is less than your monthly interest fee
    Clear your Debt Quickly
  • £
  • %

Warning: This calculator does not factor in the time it would take to repay a credit card debt where the minimum payment is calculated as a percentage of the outstanding loan. This can add many years to the payback time as the amount you repay reduces along with the amount you owe. Always try to fix your payments at a set amount. 

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