skip to Main Content
1800 861 247
1800 534 534

How Much is Your Credit Card Debt Costing You?

Making minimum repayments on your credit card means you’re just paying off the interest which doesn’t make a dent in your actual balance. Use our Credit Card Calculator to see how much your credit card debt is costing you in interest.

Credit Card Amount

$

Enter the amount of credit card debt you owe.

Interest Rate

%

You can increase or decrease the interest rate to understand the affect on your repayments and total interest.

Affordable Monthly Payment

$

Enter the amount you can afford to pay towards your credit card.

Please enter an amount
With payments of per month at interest, you could pay off your credit card in , paying in interest.
See how much time and money you could save by adding a little bit extra to your credit card payments
$50
With an extra payment of per month, you could pay off your credit card sooner, saving in interest.

Struggling to pay back your debts? We may have the solution!

Credit Card Tips

Make Higher Repayments

Repaying just the minimum on your credit card will mean you’ll only ever pay back the interest, not the actual balance. Pay off extra every month by rounding up your repayment or splitting your repayments from monthly to fortnightly.

Consider a Balance Transfer

If you have a credit card with a high interest rate, you may be able to transfer the balance on to a low rate balance transfer credit card. Many banks offer balance transfer deals, with rates as low as 0% for up to 12 months.

Choose a Low Rate Card

By comparing your credit card interest rate to those available on the market, you may find you can achieve a lower interest rate. Unless you’re on a super low rate already, changing your credit card can save you thousands in interest.

Consolidate Your Debt

By consolidating your credit card debt into a personal loan or your mortgage, you eliminate high interest rates and multiple payments. Instead, you will have just one repayment and one fixed, potentially lower interest rate.

Check Out Our Debt Calculators

Debt Consolidation Calculator Icon

Debt Consolidation

Loan Repayment Calculator Image

Loan Repayment

Budgeting Calculator Icon

Budgeting

Home Loan Calculator Icon

Home Loans

Credit Card Debt Calculator Icon

Credit Card Debt

Income Tax Calculator

Income Tax

Personal Loan Calculator Icon

Personal Loans

Car Loan Calculator Icon

Car Loans

Business Loan Calculator Icon

Business Loans

How Can We Assist You Today?

Business Debt Icon Business
Personal Debt Icon Personal
Please select an assistance option to continue.

Unsecured Debt Amount

$8,000
$1,000
$100,000+

Your Business Structure

Sole Trader Icon Sole Trader
Partnership Icon Partnership
Company Icon Pty Ltd Company
Trust Icon Trust
Please select at business structure to continue.

Business Debt Amount

$100,000
$10,000
$1,000,000+

Take Back Control Today!

First Name

Last Name

Email

Phone Number

Phone number must be 10-digits long and begin with a 0. (e.g. 04 1234 5678)

Post Code

Post code must be 4-digits long (e.g. 4567)

Some of your details appear incorrect.
Please update the highlighted fields and re-submit.

Congratulations

You’ve taken the first step to steer your business back to viability

One of our Business Specialists will be in touch shortly.

By submitting this form you acknowledge that you have read and accept our Privacy Policy

Back To Top