Balance transfer calculator

How you could save hundreds in interest

Jim has a credit card with a balance of $3,500 and an interest rate of 19.99%pa. To reduce his interest payments Jim decided to carry out a balance transfer, by switching from his current card, to a Jetstar MasterCard. Transferring the amount of $3,500 to his Jetstar MasterCard saved Jim $317 over a period of 4 months from date of approval.

Use the balance transfer calculator to see how much you could save by switching to a Jetstar credit card

1. Select your current balance and rate (non-Jetstar Card):

Using the sliders to adjust the amount, select the balance you would like to transfer and the interest rate of your current credit card. The calculator will then show you how much you could save over 4 months.

$500

$100,000

0%

30%

2. Select your preferred Jetstar MasterCard:

  • mastercard

    Jetstar MasterCard0% Balance transfer for 4 months*

    Variable interest rate
    13.99% pa for purchases
    21.74% pa for cash advances

  • mastercard premium

    Jetstar MasterCard0% Balance transfer for 6 months*

    Variable interest rate
    19.99% pa for purchases
    21.74% pa for cash advances

Transfer your balance and you could save

$1,480

over 6 months*

Start Saving today!

Apply Now Terms & Conditions apply

*The 0%pa interest rate applies to balances transferred with this offer for the first 4 months months from the date your account is approved on the Jetstar MasterCard and for the first 6 months from the date your account is approved on the Jetstar Platinum MasterCard and then reverts to the standard variable interest rate for purchases, which is currently 13.99%pa for the Jetstar MasterCard and 19.99%pa for the Jetstar Platinum MasterCard. Interest rates are subject to change and Macquarie Card Services credit criteria. Minimum repayments are required. Card repayments will be applied last to the repayment of transferred balances that are in the promotional interest rate period. For further details refer to the Balance Transfer Terms and Conditions.

This calculator is provided for illustrative purposes only and is based on the accuracy of the information provided. It does not constitute an offer for a credit card.

MasterCard

The estimated saving is rounded to the nearest whole dollar and is based on a balance transfer rate of 0% for four months from the date your account is approved. The promotional rate then reverts to the standard interest rate for purchases, which is currently 13.99%pa (variable and subject to change). It assumes no other transactions are made during the twelve month period. The estimated saving assumes: (1) interest is calculated daily and capitalised at the end of the month; and (2) minimum repayment of the greater of 2.0% or $50 of the outstanding balance is paid each month.

Platinum MasterCard

The estimated saving is rounded to the nearest whole dollar and is based on a balance transfer rate of 0% for six months from the date your account is approved. The promotional rate then reverts to the standard interest rate for purchases, which is currently 19.99%pa (variable and subject to change). It assumes no other transactions are made during the twelve month period. The estimated saving assumes: (1) interest is calculated daily and capitalised at the end of the month; and (2) minimum repayment of the greater of 2.5% or $50 of the outstanding balance is paid each month.

Jetstar Airways Pty Limited and Card Services will not store the information provided in this calculator.

Card Services is a division of Macquarie Bank Limited (ABN 46 008 583 542, Australian Credit Licence 237502) which provides and administers credit and is the issuer of the Jetstar Platinum MasterCard. Approval is subject to Card Services credit criteria and suitability assessment. Terms and conditions, fees and charges apply and are available upon request. Allow up to 10 working days to process your application.