If you’ve ever checked your credit card statement balance and noticed that it’s different from your current balance, you can relax. You’re not losing your sanity. The reason for the discrepancy is ...

Another term for current balance, it's the total amount owed on a credit card at the time you check your account. It may or may not be the same as your statement balance. Many or all of the products ...

Keeping a watchful eye on your credit card balance is crucial so that you don’t overspend and take on credit card debt you can’t afford to pay back. But how do you check your balance? And what’s the ...

Discover what "new balance" means on credit card statements and how it works. Learn why it is essential for managing your financial health effectively.

Sometimes called the statement closing date, it's the last day of your billing cycle, when your monthly balance is calculated. Many or all of the products on this page are from partners who compensate ...

With over four decades of experience as a portfolio manager and educator, Adam B. Frankel simplifies credit card strategies and complex personal finance topics for anyone seeking to gain a better ...

A small unpaid balance can trigger interest charges, score shifts, and reporting issues even if you pay your bill on time.

Leaving a tiny balance on a credit card can feel harmless, even strategic, especially when life is busy and the statement due date is just one more notification in a crowded inbox. In reality, that ...

Whether you’re new to the world of credit cards or an established pro, it’s essential to understand the terms that appear on your credit card statement. Two terms that may cause confusion, even if you ...

Your current balance (or outstanding balance) and statement balance are two entirely different figures. Your current balance and statement balance can occasionally align, particularly after your ...

A negative balance on a credit card is typically a positive sign, indicating that the consumer has overpaid for something or received a statement credit. Negative balances can result from refunds, ...