Where does the interest rate used in the calculator come from?

CC Minimum Payment Calc references the maximum credit card interest rates published by TCMB. You can get a more precise result by entering your own bank's rate.

How accurate are the results?

The calculations are mathematically correct, but banks may use different methods. CC Minimum Payment Calc is not a substitute for professional financial advice.

What do I gain if I pay more instead of the minimum payment?

When you increase the monthly payment amount, both your repayment period shortens and your total interest burden decreases significantly. CC Minimum Payment Calc shows you this savings in comparison.

Can I calculate multiple card debts at the same time?

You can calculate separately for each card. A bulk analysis feature for multiple cards will be added soon.

Can I share the calculation results with the bank?

Yes, you can easily share the results with your bank or financial advisor by getting a PDF output.

Credit Card Minimum Payment Calculator

This tool only performs calculations and is NOT investment or financial advice. Rates/taxes change; verify with official sources (bank, accountant, SPK-licensed advisor) before acting.

Current Balance (₺)

Annual Contractual Interest (%)

Extra Monthly Payment (₺)

Minimum Payment (30%)

₺15,000

Monthly Interest

4.67%

Next Month Balance

₺36,633

⚠️ If you only pay the minimum — 5-year simulation

Your balance reaches zero after 20 months.
Total extra interest paid: ₺6,098 (12% of what you pay is pure interest!).

📊 Minimum-only vs. Minimum + Extra

Minimum Only

20 mo

Interest: ₺6,098

Minimum + Extra

9 mo

Interest: ₺4,645

Paying ₺1,000 extra each month closes the debt 11 months earlier and saves ₺1,453 in interest.

💡 Good to know

Minimum payment rate: Per BRSA rules — 30% if the balance is ≤ ₺50,000, 35% above that (current for 2026).
Contractual interest: BRSA caps this at roughly 4.66% monthly (~56% annually). Banks cannot exceed it.
Contractual + late interest: Applies to whatever you don't pay off. It keeps compounding.
Strategy: Pay in full instead of the minimum and you owe no interest. Paying only the minimum is how the debt "trap" forms.

⚠️ These rates reflect current 2026 BRSA regulation and may change periodically — check bddk.org.tr for the latest caps.

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📖 How to Use

Enter values

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Compute

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💰 This tool is not financial advice — it is only a calculation aid. For investment decisions, consult a licensed investment advisor. Past performance does not guarantee future returns.

Frequently asked questions

The minimum payment amount is usually a small percentage of the total debt. Most of what you pay each month goes to interest, while very little reduces the principal, which causes the debt to drag on for years.