Tag Archives: current balance

Credit card statement balance vs. current balance

Swiping a credit card to pay for everyday things is so easy and so frictionless. Swipe here for a smoothie, swipe there for a new pair of shoes.

When you buy on credit, it’s easy to forget that you’re paying for that item with money that doesn’t belong to you. In essence, it’s almost like taking out a short-term loan to make a purchase. Depending on how long…

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Credit card statement balance vs. current balance

As you get familiar with your credit cards, you’ll notice that each issuer may have a slightly different method of presenting and even calculating the numbers that are presented to you on both your monthly statement and your online portal. Still, you will likely see one number called the statement balance and one called the current balance…

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