A credit card balance is the amount of money you owe to a credit card company, including charges, interest, and fees. Carrying a balance on your credit card can be costly, as you may be charged ...

The statement balance tells you how much you owe after a single billing cycle. For a more up-to-date account of your credit card debt, check the current balance. Many or all of the products on this ...

Toni is a points and miles enthusiast who has been leveraging loyalty programs to travel around the world (for nearly free) with her husband and their four young children. She’s passionate about ...

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See how much you could save by moving debt from a high-interest credit card to a new card with a 0% intro rate. Many or all of the products on this page are from partners who compensate us when you ...

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

Evan Zimmer has been writing about finance for years. After graduating with a journalism degree from SUNY Oswego, he wrote credit card content for Credit Card Insider (now Money Tips) before moving to ...

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 ...