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Pathak Associates

Credit Card Interest Calculator

See what carrying a credit card balance actually costs, and the difference paying in full makes.

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Indian cards typically charge 3 to 3.75% a month, which is 36 to 45% a year.

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Why did I get charged interest even after paying the minimum?
Paying anything less than the full statement balance forfeits the interest-free period. Interest is then charged on the whole outstanding amount from the date of each transaction, including any new purchases.

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