Balance Transfer Savings Calculator
See how much you could save by transferring your high-interest credit card debt to a new card with a low promotional rate.
Your Current Debt
$
%
$
New Card's Offer
%
Months
%
Your Potential Savings
You could save
$849
By switching, you could pay off your debt faster and save significantly on interest.
Top Recommendations
Best Matches
Annual Fee
$0
Purchase
6.99%
Cash Adv.
6.99%
Home Trust
Best For
[
Low Interest
]
[
No Annual Fee
]
Est. 1st Yr Value: $36
Highlights:
No Annual Fee
•
No Foreign Transaction Fees
•
Purchase Security Insurance
•
Low Purchase Interest
Purchase APR
6.99%
Cash Advance APR
6.99%
Annual Fee
$0
Foreign Tx Fee
2.5%
Personal Income
N/A
Household Income
N/A
Credit Score
Good/Excellent
Annual Fee
$35
Purchase
8.90%
Cash Adv.
12.90%
National Bank of Canada
Best For
[
Low Interest
]
Est. 1st Yr Value: $1
Highlights:
Extended Warranty Insurance
•
Purchase Security Insurance
•
Low Purchase Interest
Purchase APR
8.90%
Cash Advance APR
12.90%
Annual Fee
$35
Foreign Tx Fee
2.5%
Personal Income
N/A
Household Income
N/A
Credit Score
Good/Excellent
Add. Card Fee
$0.00
Annual Fee
$0
Purchase
9.44%
Cash Adv.
9.44%
RBC Royal Bank
Best For
[
Low Interest
]
[
No Annual Fee
]
Est. 1st Yr Value: $36
Highlights:
No Annual Fee
•
Extended Warranty Insurance
•
Purchase Security Insurance
Purchase APR
9.44%
Cash Advance APR
9.44%
Annual Fee
$0
Foreign Tx Fee
2.5%
Personal Income
N/A
Household Income
N/A
Credit Score
Good/Excellent
Add. Card Fee
$0.00
Annual Fee
$29
Purchase
9.45%
Cash Adv.
10.45%
ATB Financial
Best For
[
Low Interest
]
Est. 1st Yr Value: $7
Highlights:
Low Purchase Interest
Purchase APR
9.45%
Cash Advance APR
10.45%
Annual Fee
$29
Foreign Tx Fee
2.90%
Personal Income
N/A
Household Income
N/A
Credit Score
Good/Excellent
Add. Card Fee
$0.00
Annual Fee
$50
Purchase
9.45%
Cash Adv.
9.45%
National Bank of Canada
Best For
[
Low Interest
]
[
Business
]
Highlights:
Low Purchase Interest
•
Expense Management Tools
•
Employee Cards
Purchase APR
9.45%
Cash Advance APR
9.45%
Annual Fee
$50
Foreign Tx Fee
2.5%
Personal Income
N/A
Household Income
N/A
Credit Score
Good/Excellent
Add. Card Fee
$0.00
Annual Fee
$399
Purchase
9.99%
Cash Adv.
9.99%
Scotiabank
Best For
[
Travel Rewards
]
[
Low Interest
]
[
Premium
]
Est. 1st Yr Value: $2461
Scene+
Welcome Bonus: Earn up to 80,000 bonus Scene+ points in the first 14 months.
Highlights:
No Foreign Transaction Fees
•
Airport Lounge Access
•
Travel Medical Insurance
•
Mobile Device Insurance
+6 more
Purchase APR
9.99%
Cash Advance APR
9.99%
Annual Fee
$399
Foreign Tx Fee
2.5%
Personal Income
$12,000
Household Income
N/A
Credit Score
Good/Excellent
Add. Card Fee
$99.00
Annual Fee
$0
Purchase
10.90%
Cash Adv.
12.90%
Desjardins Group
Best For
[
Low Interest
]
[
No Annual Fee
]
Est. 1st Yr Value: $36
Highlights:
No Annual Fee
•
Travel Medical Insurance
•
Mobile Device Insurance
•
Trip Cancellation/Interruption Insurance
+4 more
Purchase APR
10.90%
Cash Advance APR
12.90%
Annual Fee
$0
Foreign Tx Fee
2.5%
Personal Income
N/A
Household Income
N/A
Credit Score
Good/Excellent
Add. Card Fee
$0.00
Annual Fee
$29
Purchase
10.90%
Cash Adv.
10.90%
ATB Financial
Best For
[
Low Interest
]
Est. 1st Yr Value: $7
Highlights:
Low Purchase Interest
Purchase APR
10.90%
Cash Advance APR
10.90%
Annual Fee
$29
Foreign Tx Fee
2.90%
Personal Income
N/A
Household Income
N/A
Balance Transfer
10.90
Add. Card Fee
$0.00
Annual Fee
$39
Purchase
10.99%
Cash Adv.
24.99%
MBNA Canada
Best For
[
Low Interest
]
Highlights:
Extended Warranty Insurance
•
Purchase Security Insurance
•
Low Purchase Interest
Purchase APR
10.99%
Cash Advance APR
24.99%
Annual Fee
$39
Foreign Tx Fee
2.5%
Personal Income
N/A
Household Income
N/A
Balance Transfer
13.99
Add. Card Fee
$0.00
Annual Fee
$295
Purchase
11.90%
Cash Adv.
12.90%
Desjardins Group
Best For
[
Travel Rewards
]
[
Low Interest
]
[
Balance Transfer
]
Est. 1st Yr Value: $119
Highlights:
Travel Medical Insurance
•
Introductory 0% APR on Balance Transfers
•
Mobile Device Insurance
•
Car Rental Collision/Loss Damage Waiver
+5 more
Purchase APR
11.90%
Cash Advance APR
12.90%
Annual Fee
$295
Foreign Tx Fee
2.5%
Personal Income
$150,000
Household Income
$200,000
Credit Score
Good/Excellent
Add. Card Fee
$95.00