Responsible Adult Tools

Micro-PaymentCalculator

A micro-payment is a tiny extra payment (as small as $2) that you make toward your credit card throughout the month.

Fun fact: Credit card interest is generally calculated using your daily balance. Lowering your balance sooner can reduce the interest that builds up.

Micro-payment$2
$1$25

≈ $61 extra a month, on top of your normal payment

Total interest paid

Fill in your numbers and watch it come to life

Add your card balance and interest rate above to see what a micro-payment can do.

Responsible Adult Tip

Take the interest your High Yield Savings pays you, and make micro-payments with it.

See our favorite HYSAs →

This calculator provides educational estimates using a common minimum-payment formula. Credit card issuers may use different minimum-payment formulas, interest calculations, fees, and payment rules, so your actual results may vary. It assumes a fixed APR, interest accrued daily and charged monthly, no new purchases, fees, or late payments, and minimum payments (that month's interest + 1% of the balance, $35 minimum) that shrink as your balance falls. Micro-payments are added on top of those same minimums, on the days you make them.