Current Credit Card Worksheet Card balance? $ Interest rate? % Monthly payment? $ New Credit Card Balance transfer fee? % Intro period (months)? Introductory rate? % Standard rate? % Printer-friendly version Current Credit Card Months to Pay Off Total Interest New Credit Card Months to Pay Off Total Interest + Transfer Fee Chart Table Interest and Transfer Fees Paid over Repayment Term Current Credit Card New Credit Card Interest Paid Over the Repayment Term Transfer Fees Total Interest and Transfer Fees Credit Card Debt Worksheet Card Balance Interest Rate Monthly Payment Card 1 Card 2 Card 3 Card 4 Card 5 Card 6 Total Submit At some point in time, you are likely to receive an offer in the mail. Transfer an existing credit card balance to a new card and receive a promotional interest rate for a set number of months. Are these offers worth it? It depends on the promotional interest rate, the length of the promotional period, what the standard interest rate is once the promotional period expires and what the fee is to transfer your balance from one card to another. During the promotional period, you might be paying a lower rate, or 0% depending on the offer. Are the interest savings greater than the balance transfer fee? Whether they are a good deal or not also depends on how long it takes you to pay off the card balance once you move it to a new card.