What Does Remaining Last Statement Balance Mean The current balance that appears is your most recent statement balance plus other transactions since your last statement was generated Once a billing cycle closes and a statement balance is paid it is updated to reflect transactions
It s the amount leftover from the close of your statement cycle that hasn t yet been paid In order words it excludes charges you aren t immediately responsible for paying back yet The statement balance tells you how much you owe after a single billing cycle while the current balance is a more up to date account of your credit card debt
What Does Remaining Last Statement Balance Mean
What Does Remaining Last Statement Balance Mean
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The last statement balance also referred to as the statement closing balance represents the total amount owed on a credit card at the end of the billing cycle This balance Your statement balance is a snapshot of your previous billing cycle while your current balance is the most up to date total of your credit card transactions Understanding the difference could help you better manage your account
Remaining Statement Balance is your New Balance adjusted for payments returned payments applicable credits and amounts under dispute since your last statement closing date Total Both statement and current balances operate around a billing cycle A billing cycle is the length of time typically 28 to 31 days between your last statement closing date and the
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The reason for the discrepancy is that your credit card statement balance is the amount you owed on the closing date of the last billing cycle Your current balance includes any Your statement balance is a snapshot of what your current balance was on the day your statement closed It reflects all of the completed transactions during the statement s time
Whenever your billing cycle ends your credit card bill your statement is generated Once your statement is generated your statement balance doesn t change until your next billing cycle The remaining statement balance refers to the amount of funds left in your account after accounting for all transactions up to a certain date This figure is derived from your
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The current balance that appears is your most recent statement balance plus other transactions since your last statement was generated Once a billing cycle closes and a statement balance is paid it is updated to reflect transactions
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It s the amount leftover from the close of your statement cycle that hasn t yet been paid In order words it excludes charges you aren t immediately responsible for paying back yet
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What Does Remaining Last Statement Balance Mean - Your statement balance is a snapshot of your previous billing cycle while your current balance is the most up to date total of your credit card transactions Understanding the difference could help you better manage your account
