1. What is the United Credit Card Comparison Calculator?

This calculator compares monthly interest charges for different United Airlines credit cards based on their APR and your principal balance. It helps you understand which card would cost more in interest charges.

2. How Does the Calculator Work?

The calculator uses the simple interest formula:

Where:

• \( I \) — Monthly interest (USD)
• \( P \) — Principal balance (USD)
• \( R \) — Monthly interest rate (APR / 12, as a decimal)

Explanation: The calculator converts APR to a monthly rate by dividing by 12, then multiplies by your balance to show what you'd pay in interest each month.

3. Importance of Comparing Credit Card Interest

Details: Comparing interest rates helps you choose the most cost-effective card and understand the true cost of carrying a balance.

4. Using the Calculator

Tips: Enter your current balance and the APRs for up to three United credit cards. The calculator will show the monthly interest for each.

5. Frequently Asked Questions (FAQ)

Q1: Does this include annual fees?
A: No, this only calculates interest charges. Be sure to consider annual fees when comparing cards.

Q2: Is this calculation accurate for all billing cycles?
A: This assumes simple interest. Actual charges may vary based on billing cycle length and compounding.

Q3: Should I only consider interest when choosing a card?
A: No, also consider rewards, benefits, and fees. Interest is most important if you carry a balance.

Q4: How often should I compare cards?
A: Review your cards annually or when your spending patterns change significantly.

Q5: Does United offer introductory 0% APR cards?
A: Some United cards may offer introductory 0% APR periods - check current offers.