Understand My Offer

Let’s break down your credit card offer. Enter the details below and we’ll help you understand the rates, fees, introductory offers and rewards — in plain English.

Start with the numbers on your offer.

You don’t need to understand every line of a credit card offer. Start with these details:

APR

The interest rate you’ll pay if you carry a balance.

Annual Fee

What you’ll pay each year just to have the card.

Intro APR

The promotional interest rate, how long it lasts, and what the APR becomes when it ends.

Balance Transfer Fee

What you’ll pay to move a balance from another card — usually a percentage of the amount transferred.

Rewards

What you earn — cash back, points or miles — and what you have to spend to earn them.

Now let’s look at your offer.

Enter the details from your offer below to see an estimated first-year cost.

Card or offer name

Purchase APR (%)

Intro APR (%)

Rewards or welcome offer

Balance you expect to carry ($)

Balance transfer fee (%)

Annual fee ($)

Intro APR period (months)

Here’s what this offer could cost you

Based on the numbers you entered, here’s an estimate for the first 12 months.

Estimated interest cost during the first 12 months

$

Estimated balance transfer fee

$

Estimated total cost during the first 12 months

$

Keep it real: This is an estimate to help you understand your offer. It assumes you carry the balance entered above throughout the first 12 months. Your actual interest and costs may be different based on your payments, transactions, balance changes, and the card issuer's terms.

Look beyond the intro offer: The first-year cost is only part of the story. Compare the estimated cost above with the card’s ongoing APR, annual fee, balance transfer fee and rewards. Rewards and welcome offers are not included in the estimated cost above.

Before you decide: Ask yourself whether you expect to carry a balance after the introductory period ends. If you do, the ongoing APR may matter more than the introductory offer or rewards.

CALCULATE MY OFFER

What should you do next?

Compare the total cost—not just the introductory rate. Look at the ongoing APR, fees, rewards and how you expect to use the card before you decide.