Do I pay statement balance or current balance?
Likewise, should I pay my statement balance or current balance?
While paying your statement balance by the due date is typically enough to avoid interest charges, you should consider paying your current balance in full, which could improve your credit utilization ratio.
Also Know, do I get charged interest if I pay the statement balance? When Credit Card Interest is Not Charged You won't be charged interest on your purchases if you started the billing cycle with a zero balance or you paid your last statement balance in full. If you pay the full balance before the grace period expires, you won't pay any interest.
Also, why is my statement balance higher than current balance?
The current balance could be higher or lower than your statement balance depending on the transactions you've made. For example, if a payment has posted to your account since your billing statement was printed, your statement balance will be higher than your current balance.
What is the remaining statement balance?
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 Balance is the full balance on your account, including transactions since your last closing date.