When will you be debt-free?
Credit card interest keeps the balance stuck while you pay and pay. Put in your numbers to see your real debt-free date. Then, in the GOOD Plan, Mama takes your details and a licensed financial planner reviews them, prepares your written plan and talks it through with you.
See the real picture
Your debt-free date and the interest you’re really paying, in plain ringgit.
A real planner, not a lecture
Mama takes your details; a licensed financial planner reviews them, prepares your plan and talks you through it.
Built for Malaysians
Real card rates, real ringgit, no jargon and no shame.
Run your numbers
Add up what you owe across all your cards. A rough number is fine.
Most cards in Malaysia charge around 18% a year. Not sure? Leave it at 18%.
Roughly what leaves your account toward these cards in a normal month.
Waiting on your numbers
Put in your total balance and what you can pay each month, and the date appears here.
An estimate only, based on the numbers you enter. MoneyMama is an educational planning tool, not a debt-settlement service, and never guarantees an outcome. How this works.
How to get out of credit card debt in Malaysia
Credit card interest is what keeps the balance stuck. In Malaysia, cards can charge up to 18% a year, so paying only the 5% minimum can stretch one balance out for years. The way out is the same for everyone, and it starts with seeing your real debt-free date above.
Stop adding to the card
Stop re-swiping so every ringgit you pay shrinks the balance instead of standing still.
Pay a fixed amount
Pay a set amount every month, well above the 5% minimum, so your debt-free date actually arrives.
Hit the highest rate first
Clear your highest-interest card first, and point any spare cash straight at the balance.
Want the full walkthrough? Read how to get out of credit card debt in Malaysia, or see why your balance barely moves each month.
Common questions
How does this credit card debt calculator work?
Enter your total credit card balance, your interest rate, and how much you can pay each month. The GOOD Plan calculator shows your real debt-free date and the total interest you are on track to pay, in plain ringgit. No sign-up and no judgement.
Why does my credit card balance barely move each month?
Most of a minimum payment goes to interest, not to the balance. Malaysian cards can charge up to 18% a year, roughly 1.5% added every month, so paying only the 5% minimum can keep you in debt for years. Paying a fixed amount above the minimum is what gives you a real debt-free date.
More on this in why your balance barely moves each month.
How can I get out of credit card debt faster in Malaysia?
Three things together: stop adding new charges to the card, pay a fixed amount every month instead of the shrinking minimum, and clear your highest-interest card first. Even a small increase in your monthly payment can cut months or years off your debt-free date.
Our guide on getting out of credit card debt in Malaysia walks through each step.
Is the calculator free?
Yes, it is completely free. Put in your numbers, see your debt-free date, then start the GOOD Plan in the MoneyMama app when you are ready for a written plan.
What is The GOOD Plan?
GOOD stands for Get Out Of Debt. It is MoneyMama's judgement-free way to go from a scary balance to a clear payoff plan. See the real number first. Then, in the app, Mama takes your details and statements, and a licensed financial planner from a partner firm reviews them, prepares your written plan and talks it through with you on a call. Mama does the onboarding; the planner does the plan.