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Compare paying the minimum with a fixed monthly amount.
The minimum payment often falls as the balance shrinks, which can make repayment take a long time.
Each issuer sets its own terms. This calculator does not assume a single average APR for Greek cards.
For each month, the calculator adds interest using your annual rate and subtracts your payment.
The minimum-payment scenario uses the greater of the balance percentage and the minimum amount you enter. It is compared with your chosen fixed payment.
Check your card statement or issuer terms. Confirm whether the figure is a nominal rate or APR.
Fees, new purchases, cash advances and minimum-payment rules can all change the result.
Each month the tool adds interest at the annual rate and subtracts your payment. The minimum-payment scenario uses the percentage you enter and is compared with the fixed monthly payment you choose.
Payoff time and interest
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