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 ...

Keeping a watchful eye on your credit card balance is crucial so that you don’t overspend and take on credit card debt you can’t afford to pay back. But how do you check your balance? And what’s the ...

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 ...

Credit card balances in the U.S. have reached a 10-year high, according to Nov. 9 data from credit reporting bureau TransUnion. The average credit card account is now carrying a balance of $6,088, ...

I use Chase and have noticed lots of cards are offering to split big purchases into monthly payments that are less than your regular interest rate, in exchange for a fixed fee. If I pay more than that ...

Fact checked by Vikki Velasquez Key Takeaways The average credit card balance per borrower in the U.S. was $6,618 at the start of 2025, up about 1.2% from 2024.Total U.S. credit card debt is ...