Confused about statement vs current balance on a credit card? Learn the difference, which balance you should pay, and how each affects interest.

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 ...

What is an outstanding balance on a credit card? And when is this figure different from your statement balance? The terms “outstanding balance” and “statement balance” are sometimes used ...

Gabriela Walsh is a Certified Educator in Personal Finance® and a personal finance editor at Red Ventures. Her previous work experience includes various editorial positions at FinanceBuzz. She ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Toby Walters is a financial writer, investor, and lifelong learner. He has a passion for ...

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 ...

Wed, August 28, 2024 at 7:39 PM UTC Credit card statements can be a bit tricky to navigate at first. So, it’s good to know that when you read your credit card statement, one of the most important ...

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 ...