Whether you’re new to the world of credit cards or an established pro, it’s essential to understand the terms that appear on your credit card statement. Two terms that may cause confusion, even if you ...

Checking your credit card statement every month is an important financial task. The statement holds key information about your card’s balance, interest rate and payment due date. Plus, by monitoring ...

Your current balance (or outstanding balance) and statement balance are two entirely different figures. Your current balance and statement balance can occasionally align, particularly after your ...

Carrying a balance on your credit card past your grace period means that you’ll start accruing interest on that balance, which will continue to grow until you pay it off completely. If this is the ...

If you’re new to the world of credit, or if you’ve never looked closely at your credit card statement before, it can be a lot to take in. We’ll break down the different sections you can expect to find ...

Fact checked by Vikki Velasquez Key Takeaways Rewards cards can help build credit if used responsibly.Applying for new cards may trigger hard inquiries and lower your average credit age.High balances ...

With over four decades of experience as a portfolio manager and educator, Adam B. Frankel simplifies credit card strategies and complex personal finance topics for anyone seeking to gain a better ...

Your interest rate may have nothing to do with your credit score. Rewards credit cards typically charge a higher APR than cards without rewards. When you pay your entire statement balance by the due ...

Gabriela Walsh is a Certified Educator in Personal Finance® and a personal finance editor at Red Ventures. Her previous work experience includes various editorial positions at FinanceBuzz. She ...