Use our calculator below to determine the optimal distribution of your credit card debt. To see which balance transfers will result in the greatest savings for you, simply enter your credit card balances, interest rates and credit card limits.
Determine The Best Distribution Of Your Credit Card Debt With Our Credit Card Optimizer Calculator
After using our calculator to understand the optimal distribution of your credit card debt, take steps to maximize your savings opportunity.
Consider applying for a Nationwide Bank® Visa® Credit Card. This cash-back card offers a 0% APR* introductory rate for 6 billing cycles on credit card purchases and balance transfers from the time you open the account.
Credit card balance – The current balance on your credit card.
Interest rate – The annual percentage rate (APR) you pay on this credit card.
Minimum payment – Your initial minimum monthly payment. This is calculator as either 4 percent of your current outstanding balance or $15, whichever is more.
Credit limit – Total amount of credit available on this credit card. Our tool won’t allow you to have credit card balances that are over your limit.
Include a new low interest credit card – Check this box to include a new credit card. You can use this feature to transfer your existing balances to a new low interest credit card and view the results.
New credit card limit – If you included a new low interest credit card, specify the total amount you have for this card.
New credit card rate – If you included a new low interest credit card, specify the APR you will pay on this new card.