Credit Card info
So ive switched to a new credit card and upon viewing online its laid out slightly differently to last card.
It says balance since last statement and then current balance. If i was to pay the amount since last statement would that mean i would incur interest on the rest or not until next statement? |
Re: Credit Card info
If you've anything outstanding you'll pay interest, unless you've got a 0% deal.
Best to pay off in full each month by DD if you can afford to. Credit cards are the most expensive way to borrow. |
Re: Credit Card info
We usually do pay it off but we kind of went mad on Christmas.
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Re: Credit Card info
You must pay off the balance of the last statement (to avoid interest).
Which I think is what you mean is displayed, not the balance since last statement. Normally you would have a direct debit thats set up to do that for you. |
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