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Past due amount of money you owe.

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Q: On your credit card statement what is the outstanding balance?
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What is statement balance on your credit card?

the statement balance is nothing more than the balance of your card at the time the statement was printed.


What is outstandanding balance in a credit card?

The outstanding balance is very simply the amount of debt that you have charged on the credit card. You owe that amount to the credit card company.


What does chase balance transfer stand for?

A balance transfer is the transfer of balance in an account or a credit card to another account.It also refers to transfer of outstanding balance from one credit card to another credit card.


How can a credit card balance be checked?

Your credit card statement in the mail. You can also check your credit card statement online. Just log into your account and you will see your account balance. You can even pay your credit card bill online.


When might someone see 'credit card 0 balance transfer' on their statement?

'Credit Card 0 Balance Transfer' would appear on your credit card statement if your credit card is paid off in full. This means that you do not have to transfer any money from your bank account to pay off your credit card balance.


Reginald's credit card statement states that his balance is 550 What does the term balance mean?

The 'balance' of his statement is the monetary value of his account with the credit card company. In this case it is the amount he owes the company.


How many times are credit card interests calculated?

The Credit Card companies calculate the interest at the end of every business day on any outstanding balance.


Do you pay the statement balance of your credit card or balance every month?

No, I don't maintain my records that well.


Is credit card balance real time when a credit check is done?

No, credit card companies submit to the credit agencies on a monthly basis at the end of each month. So if you are checking your credit card the 3rd week of the month you will see last months credit card statement balance not what you currently owe on your credit card.


Why did your credit card payment reflect in your outstanding balance but not show up in your available balance?

Because you may have changed the account to a savings :L


How does a credit card balance transfer work?

The basic concept of a credit card balance transfer is to take the outstanding balance, or debt, owed on one credit card and moving it to another credit card. Most credit card companies offer incentives or rewards for transferring a balance to their card, such as lower interest rates or a limited period of interest free rates. One needs to open a new credit card account with the new company and go through their balance transfer process, which can differ between companies. Once the new card notifies one that the transfer is complete, one should verify this with one's old credit card, at which point the old credit card billing statement thereafter should show a zero balance.


Can you close your checking account if you have a balance left on your VISA card?

Yes, you can close your checking account even if you have a balance left on your VISA card. However, closing the account will not eliminate your obligation to repay the remaining balance on your credit card. You will still be responsible for making payments on the outstanding debt.