Credit Card Interest Calculator
Estimates interest on an outstanding credit-card balance.
Credit card interest rates are usually quoted monthly and compound quickly if unpaid. Lilu Baba's Credit Card Interest Calculator shows the monthly interest and its annualized equivalent.
How to use this calculator
- Enter your outstanding credit card balance.
- Enter the monthly interest rate charged by your card issuer.
- See the interest charged this month and the equivalent annual rate.
Monthly Interest
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Equivalent Annual Rate
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FAQ
Credit Card Interest Calculator — frequently asked questions
Check your card statement or issuer's website — most Indian card issuers charge 2.5–3.5% per month on revolving balances.
No — this calculates interest on the entered outstanding balance only, for one billing cycle.