What's the average time to pay off a Citi credit card balance?

Asked on: 7/27/2025

This question has been asked1times.

The average time to pay off a Citi credit card balance depends on your balance, interest rate, and monthly payments, but typically ranges from 1 to 5 years.

Estimated Duration: 1825 days

Paying off a Citi credit card balance depends on factors like the total amount owed, the annual percentage rate (APR), and how much you pay monthly. If you only make minimum payments, it could take many years due to accumulating interest. To pay it off faster, allocate more than the minimum payment, consider balance transfer options, or use debt repayment strategies like the avalanche or snowball method. Budgeting and cutting expenses can also help accelerate repayment. For a $5,000 balance at 18% APR, paying $200 monthly would take about 2.5 years, while paying only the minimum could extend it to 10+ years.