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 ...
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 ...
Confused about statement vs current balance on a credit card? Learn the difference, which balance you should pay, and how each affects interest.
If you have a credit card, chances are you’re familiar with the concept of a billing statement. Card statements outline how much you’ve spent, what your balance is on your card and other information, ...
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 ...
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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What is an outstanding balance on a credit card?
Your current balance (or outstanding balance) and statement balance are two entirely different figures. Your current balance ...
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 ...
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