Balance transfer calculator

See how much you could save

Balance to be transferred


Enter your current interest rate


Your estimated


after the first 12 months

*This is an estimate. It is provided for illustrative purposes only. Click here for full balance transfer Terms and Conditions.  Click here for Essential Card Balance Transfer Terms and Conditions.


A credit plan establishment fee (up to 3% of approved balance transfer amount) is charged on the American Express Card. You don’t make any other purchases or incur any other fees for the duration of the promotional period. Any annual Card fee is excluded from this calculation. The interest rate applying to your non-American Express credit card (from which your balance is transferring) will not change. You pay the minimum repayment of 2.5% of the outstanding balance or $30 (whichever is higher) at the end of each month. ‘Your savings’ is based on interest saved on the balance transfer only. Interest is calculated assuming there are 30 days in each month. The payment due date is assumed to be 30 days after the statement issue date. When there is no interest savings or a negative interest saving after the twelve month period the calculator will display $0.00.