2 years, 3 months ago
What does it mean if your credit card statement balance is more than the current balance?
Say the statement balance is ~$600 but the current balance is $0 and so is the minimum payment for the next due date.
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M$1 Answer
That means that you made payments or been issued refunds since the last statement date.
When viewing a credit card account online, once a payment has been posted that exceeds the minimum payment for the month, the minimum payment will show as $0 until the next statement. The current balance will be reduced by the amount of payment that you have made + any refunds/returns you have received.
When viewing a credit card account online, once a payment has been posted that exceeds the minimum payment for the month, the minimum payment will show as $0 until the next statement. The current balance will be reduced by the amount of payment that you have made + any refunds/returns you have received.
You can leave an optional "tip" with Mahalo's virtual currency, Mahalo Dollars. If you are asking a difficult question that might require some research, or if you'd like a wide variety of feedback, a higher tip often leads to more answers to your question.
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