SwitchWizeFinancial Decisions, Made Clearer
Credit Card Interest Drag

Rewards do not matter if interest is eating the win $1,044

At a benchmark APR of 22.36%, a $5,000 balance with a $150 monthly payment can incur about $1,044 of interest in year one.

Run interest calculatorCompare balance transfers

What does paying only the minimum cost?

$1,044
first-year interest estimate

Can rewards outrun credit card interest?

$351
first-year interest estimate

When is a balance transfer worth it?

$1,395
first-year interest estimate

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