Credit Utilization Calculator
Your credit utilization rate is the total outstanding balance across all of your credit cards (and other revolving credit lines) vs. your total available credit limit across all those same accounts. It’s a major factor in determining your credit score, which can affect loan approval, interest rates, and more.
Cards by Category from our Partners
How we calculate savings: Our algorithm factors in the introductory balance transfer rate, length of the introductory period, balance transfer fee, ongoing interest rate, annual fee and data entered into the filter in order calculate savings and the time needed to pay off a balance. The algorithm is designed to yield reasonably accurate results.