What is the meaning of credit card balance? Introduction to the meaning of credit card balance

1. Credit card balance refers to all the repayable amounts that have been recorded in the accounts up to now, excluding unrecorded installments and unrecorded payments. handling fees, interest, etc.

2. If your account balance shows a negative number, it means that there is an overpayment in your credit card account, which is the money you deposit in your credit card. When there is a balance in your credit card, the overpayment will be used first for repayment and then for consumption. In addition, no deposit interest will be charged on overpayment.

What does credit card account balance mean?

Credit card balance refers to all repayments that have been accounted for so far, excluding unaccounted installments, unaccounted fees and interest. wait.

If there is a "-" sign in the balance, it means that there is a balance in the current balance; if there is no "-" sign in the balance, it means that the current balance is overdrafted.

Credit card available limit: The available limit refers to the credit limit of your credit card that has not been used, that is, the limit that can be used for overdraft consumption. The calculation method is: credit limit - unpaid accounted amount - accumulated amount that has been used but not accounted = available limit.

For example, the displayed balance is 972 yuan and the available limit is 300 yuan, which means that the current debt is 972 yuan, the available limit is 300 yuan, and an overdraft of 300 yuan is available.

The difference between the two is that the balance is the amount of the current bill repayment, that is, the amount of money that needs to be repaid. The available limit is your credit limit minus the consumption limit, which is the amount that can be used.