Credit Card Calculator

Your credit card behaves differently from a standard home or car loan, especially if you don't pay if off in full each month. Unlike a standard loan, generally there's no date by which you have to pay it off, and you can keep borrowing up to your approved credit limit, so long as you make the 'minimum payment' each month.

What you will need:
You'll need your latest statement and your credit card's latest terms and conditions.
The statement will show your current balance and annual interest rate. The terms and contidions will tell you what the lowest dollar amount and % amount you're allowed to pay.

Calculator

For more information please visit Fido. ASIC's consumer website.