This calculator gives estimated savings only and is only used for illustrative purposes.
Your existing card balance may be made up of amounts attracting different rates.
Savings shown can only be calculated on the rate you provided and on the balance transferred from your card, assuming that minimum repayments are made in line with Commercial Bank of Dubai terms and conditions.
Assumptions for calculation:
- Estimated savings calculated only for balance transferred amount
- Monthly minimum payment 5% of the outstanding card balance (min AED100)
- 0% interest on balance transfers from other banks for the first 6 months
- 1% processing fee charged on balance transferred amount (min AED 100)
- No annual fees on CBD credit cards