Credit Card Payoff Calculator
See your true payoff timeline — and what redirecting frugal savings does to it.
Your card details
Found on your statement or card's terms page.
Frugal Accelerator
Add your monthly coupon or cashback savings on top of your payment. See how quickly that erases months and interest.
The cashback portal tool and store coupon pages typically save regular users $40–120/month.
Enter your balance and APR to see your payoff timeline.
Want to pay this off faster?
Redirect monthly savings from cashback portals and store coupons. Pick an amount above to see the impact.
How minimum payments actually work
Card minimums are typically 1% of your balance plus that month's interest, with a $25–$35 floor. As your balance falls, so does the minimum — which sounds good but extends your payoff by years if you don't compensate.
Most cards calculate interest daily (APR ÷ 365 × daily balance) and apply it monthly. Every dollar you don't pay immediately starts accruing interest. The longer you carry a balance, the more you pay for the original purchase.
Because interest compounds on the remaining balance, even $25/month extra can save hundreds in interest. The earlier in the payoff timeline you add it, the more it saves — every dollar reduces future interest charges.