Are Balance Transfers Worth It?

If you've received an offer to transfer your balance from one credit card to another, you might wonder if you'll actually save money. Here we show you what type of offer is worth taking based on your financial situation.

Are Balance Transfers Worth It?

Calculate

Keep in mind several factors when looking at these offers. Look at the promotional rate, how long it lasts until it resets to a higher rate, and then see if there are any fees associated with transferring your balance. This calculator will show you how the numbers add up and when a balance transfer makes sense.

All calculators and tools are supplied as a courtesy only. HawaiiUSA Federal Credit Union is not responsible for the accuracy or completeness of information that you provide or information generated by the calculators. Please check your records carefully before inputting your information into the calculators or tools. All projected rates and results are estimates, are examples only, and are necessarily hypothetical in nature. No results are guaranteed. The output of the tools and calculators may vary with each use and over time. Please remember that the calculators and tools are not intended to replace the advice of qualified professionals, and you should consult with a qualified professional of your choice whenever specific advice is necessary or appropriate.