Credit Card Payoff Calculator
What the minimum payment really costs at UAE card rates.
How it is calculated
UAE credit cards charge around 3.25% a month — 39% a year — on any balance carried past the due date. The 5% minimum barely covers that interest, so the balance shrinks by a few hundred dirhams a month.
A fixed payment that doesn't fall as the balance falls is what actually clears a card. Set it once and keep it.
A 0% balance-transfer or instalment conversion can cut the rate — but watch the processing fee (usually 3–5%) and the reversion rate after the offer ends.
Want this every month, automatically? Masrofna tracks your salary, cards and goals in AED — free to start.
Open the app →Common questions
Why does the minimum payment take so long?
Because most of it is interest. On 20,000 AED at 39%, the first minimum payment of 1,000 covers 650 of interest and only 350 of balance.
Is 39% legal in the UAE?
Yes. Card rates are disclosed as a monthly percentage (typically 3.0–3.5%) and are not capped like some loan products.
Should I take a personal loan to pay off the card?
Often yes: a reducing-rate personal loan at 8–12% is a fraction of 39%. Check the loan's fees and don't reuse the card once it's cleared.