Let us help you figure out how long it will take to clear the outstanding balance on your credit card-i and the total interest/actual management fee charged.
This calculator serve as an indicative illustration in assisting cardmember to compute the length of time needed to fully settle credit card outstanding balances based on different repayment amounts.
Illustration above is based on the following assumptions: Current
balance consists of retail transactions only and with no new
purchases made. Interest rate is
p.a. Number
of days in a month is 30 and repayment is made on due date. Minimum
due amount excludes any previous month overdue amount.
If you continue to make the monthly minimum payment, your total
interest payable will increase and it will take you longer to pay
off this debt.
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