Current debt
$8,500
24.60%
$400/mo
Transfer offer
3.00%
15 mo at 0%
19.99%
Savings vs. doing nothing
+$2,400
Pay off in 23 mo vs. 29 mo on current card
Worth transferring. Even after the 3.00% fee, you net $2,400 in saved interest. Keep the payment high; missing the promo window undoes most of the savings.
Stay put — total interest
$3,100
Transfer — total cost
$700
Fee $255 + post-promo interest
Months to debt-free (current)
29 mo
Months to debt-free (transfer)
23 mo
How we built this tool
How the transfer math works
Step 1
The fee rolls into the new balance
A 3% fee on $10K is $300 — added to the balance you're transferring. We track the full cost, not just the headline rate.
Step 2
Promo-window payoff is the goal
Divide balance by months in promo to see the monthly needed to clear it at 0%. If you can hit that, the transfer is pure savings.
Step 3
Post-promo APR matters
Carrying past the promo window puts you back at 20%+ APR — sometimes worse than where you started. We include that scenario in total cost.
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