The statement balance is the amount owed at the end of your billing cycle, while the current balance is the amount you owe at any particular moment. Your statement balance can differ from your current ...
Knowing exactly how much money you have to spend is the foundation of personal finance. It helps you avoid overspending and keeps your budget in check. With online banking and mobile apps, monitoring ...
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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 ...
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 ...
Current accounts are often the preferred bank account for salaried professionals to receive monthly wages. They are also used by self-employed individuals and entrepreneurs because they need 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 ...
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