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 ...

The statement balance tells you how much you owe after a single billing cycle. For a more up-to-date account of your credit card debt, check the current balance. Many or all of the products on this ...

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 ...

See how much you could save by moving debt from a high-interest credit card to a new card with a 0% intro rate. Many or all of the products on this page are from partners who compensate us when you ...

Credit card balance transfers are a useful yet often misunderstood tool. When used strategically, they can offer a path to debt reduction and financial stability. However, like any financial ...

Carrying a balance on your credit card past your grace period means that you’ll start accruing interest on that balance, which will continue to grow until you pay it off completely. If this is the ...

A balance transfer can help you avoid interest charges temporarily while you try to pay your credit card debt, but you may need more time to pay down your balance. If you’ve reached the end of a 0% ...

Chauncey grew up on a farm in rural northern California. At 18 he ran away and saw the world with a backpack and a credit card, discovering that the true value of any point or mile is the experience ...

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 ...