How to pay off credit card debt faster

Searching for how to pay off credit card debt usually means you want a payment plan that beats the minimum. Card balances grow when monthly interest eats most of your payment — a fixed amount above the minimum is the core fix, even when extras are modest.

Know your APR

The Fed G.19 average for accounts assessed interest is a useful preset; your statement APR is what matters for your card. Model payoff in our credit card payoff calculator.

Avoid the minimum trap

See minimum payment trap and compare with the minimum payment calculator.

Consider balance transfers carefully

A 0% promo can help if you pay off before the rate resets and the transfer fee does not wipe out savings. Model offers in the balance transfer calculator.

Multiple cards

With more than one balance, run snowball or avalanche in the debt payoff calculator so extras hit one account at a time while minimums stay current everywhere.