Credit Card Balance Repayment Calculator
Credit Card
Credit Card Balance Repayment Calculator
Customer can input the "Outstanding Balance from Retail Purchases" and "Interest Rate per Annum" to the "Credit Card Balance Repayment Calculator" to calculate for:
- The estimated time period and the total repayment amount if paying the balance in full by only making minimum payment each month
- The monthly payment amount and the total repayment amount required to pay off the outstanding balance in 36 months
Assumptions：
- No new transaction and
- No annual fee and other fees and
- The payment settled on the payment due day
Outstanding Balance from Retail Purchases (HKD / CNY)
Interest Rate Per Annum (%)
%
Outstanding Balance from Retail Purchases (HKD / CNY)
10,000.00
Interest Rate Per Annum (%)
1%
The below summary and figures displayed are for your reference only. They do not reflect the real situation of your account.
| If you make no additional charges using this card and each month you pay: | You will pay off the outstanding balance in about: | You will end up paying an estimated total amount of: |
| a. Minimum payment2 | months | HKD / CNY |
| b. HKD / CNY | 36 months | HKD / CNY |
| Savings3： | HKD / CNY |
Remarks:
- For the related interest rates and APRs, please refer to the "Chong Hing Credit Card Key Facts Statement (Effective from 28 September 2023)".
- Minimum payment of each month to vary.
- The saving amount is "The total payment amount of settling minimum payment each month" less "The total payment amount of paying off the outstanding amount in 36 months".
