Credit Card EMI Calculator
Monthly EMI:
Total Interest:
Total Amount Payable:
Credit Card EMI Calculator – Turn Large Payments Into Easy Steps
Big card bills can be tough on the monthly budget. Turning those large sums into smaller monthly payments helps ease that pressure. This tool breaks down the cost and offers a simple view of repayment.
Perfect for planning before saying yes to an EMI plan. Gives clarity on what to pay and how long it will take.
Monthly Credit Card Interest Breakdown
Credit cards often carry monthly interest charges. These rates differ from one bank to another. Some card providers give low-interest EMIs for select items. Others might apply a higher cost.
This calculator helps measure what’s added every month when a purchase is split into EMIs. No more guesswork just facts.
Steps to use:
- Put in the bill or product amount
- Enter the yearly interest rate
- Select the number of months for repayment
What you get:
- Fixed EMI per month
- Total interest paid
- Final amount including interest
Useful for comparing EMI options before making a big decision.
EMI Plans Over 3 Months
A three-month plan is short and manageable. Many card issuers provide this option for smaller items. Great for quick repayments without long commitments.
Use the calculator:
- Fill in the cost
- Add the rate of interest
- Pick 3 months as tenure
Instantly see what needs to be paid each month. Helps decide if the plan is right for a purchase.
This is a great option for gadgets, small electronics, or personal expenses. Clears fast and keeps the credit line open.
Using the EMI Calculator
No registration or login needed. Fast and clear.
What to do:
- Add the full amount due
- Enter the annual interest rate
- Pick repayment duration
- Hit calculate
Get:
- EMI for each month
- Interest for the full term
- Overall amount to repay
Try multiple inputs and compare results before choosing a final plan from this credit card EMI calculator. This makes loan decisions easier and smarter.
Why Use This EMI Tool?
- Shows real numbers before selecting an EMI
- Helps compare offers from multiple banks
- Prevents surprise charges
- Works on any device
- No app or sign-up needed
- Keeps info private and secure
Credit Card EMI Interest Rates – June 2025
Use the tables below to check average interest rates from major credit card issuers in the U.S. and India.
U.S. Credit Card Rates
| Bank | Yearly Rate | Monthly Rate |
|---|---|---|
| Bank of America | 19.99% | 1.66% |
| Chase | 20.49% | 1.71% |
| Citibank | 21.00% | 1.75% |
| Wells Fargo | 18.99% | 1.58% |
| Capital One | 20.24% | 1.69% |
Indian Credit Card EMI Rates
| Bank | Yearly Rate | Monthly Rate |
|---|---|---|
| HDFC Bank | 36.00% | 3.00% |
| SBI Card | 42.00% | 3.50% |
| ICICI Bank | 39.60% | 3.30% |
| Axis Bank | 36.00% | 3.00% |
| Kotak Mahindra Bank | 40.80% | 3.40% |
Rates depend on card type and user profile. Contact bank for current figures.
FAQ’s
What is EMI in credit cards?
It allows splitting a credit card bill into equal monthly payments.
Do EMIs carry interest?
Yes. Unless it’s a no-cost EMI, interest is usually added.
Can the EMI be paid off early?
Most banks allow early closures with a small fee.
What is the typical EMI tenure?
Usually between 3 and 24 months. Some banks may offer longer options.
Does EMI affect credit score?
Yes. On-time payments improve the score. Missed payments can reduce it.
Are all purchases EMI-eligible?
No. Eligibility depends on the bank, purchase type, and transaction amount.