Credit card interest calculator
Estimate interest on an unchanged balance over a chosen period.
Your estimate
Estimated interestBDT 9,863.01
- Balance plus interest
- BDT 509,863.01
- Daily interest
- BDT 328.77
Results update as you change the numbers.
Sample inputs. Enter your own rates and fees. See assumptions below.
Formula, example & assumptions
Behind the answer
How it works
Interest = balance × annual rate ÷ 100 × days ÷ day-count basis.
Interest = balance × annual rate ÷ 100 × days ÷ day-count basis.
A worked example
10,000 at 24% for 30 days on a 360-day basis incurs 200 interest.