Financial Calculator

BNPL vs Credit Card

Compare the total cost of interest and fees when using Buy Now, Pay Later versus a standard credit card.

Purchase Details
Compare options for financing this purchase.
$500
$

The total cost of the item you want to buy.

$0
$

Account keeping fees (e.g. $8/mo).

$0
$

Estimate if you tend to miss payments.

Avoid interest by paying immediately.

19.99%
%

Your credit card's annual interest rate.

6 months
m

How many months you'll take to pay it off.

Cost Comparison
BNPL Wins

BNPL Wins

Using BNPL saves you $29.55 in interest compared to a credit card over 6 months.

Pro Tip

BNPL is often better for short-term purchases if you stick to the schedule. However, credit cards often offer rewards or buyer protection that aren't available with BNPL services.

BNPL Total
$500.00
Paid over 8 weeks
Card Total
$529.55
Paid over 6 months

How is this calculated?

We compare a standard interest-free BNPL plan (4 fortnightly payments) against a credit card with a set APR and repayment period.

BNPL Logic

Standard Pay-in-4 model assumes 25% down payment and 3 subsequent fortnightly payments. Most BNPL services are interest-free but may charge late fees or account fees.

Credit Card Interest

Calculated using the daily balance method (APR / 365). If you don't pay in full during the interest-free period, interest typically accrues from the date of purchase.