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Old 16-01-2021, 19:47   #1
Corey N Georgie
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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?
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Old 16-01-2021, 19:50   #2
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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.
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Old 16-01-2021, 21:49   #3
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Re: Credit Card info

We usually do pay it off but we kind of went mad on Christmas.
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Old 17-01-2021, 01:45   #4
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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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