What does Current Balance on a credit card mean?

What is the current balance of a credit card? What is the difference between the available credit and the current balance?|||The current balance is how much you owe, including purchases, balance transfers, and fees/finance charges. Available credit is the difference between your credit limit and your current balance.





For example:


Credit limit = $1,000


Current balance = $625


Available credit = $375|||The current balance is how much money you owe the credit card company.|||The current balance is how much you owe.





The available credit is the difference in your maximum available and your current balance.





In other words, if you have a card with a $1000 limit and your current balance is $250, then your available credit is $750.|||Currant balance is how much you owe on that day, i you have charges out there that have not been processed yet it can go up. Available credit is the amount of credit you have available, again as of that day minus any charges you might have outstanding, or positive any payments not yet processed|||first there is two types of current balances -- 1 when you get you bill the current balance is the amount of money you owe the company on the closing date - it of course does not have any credits that might be due after the closing balance -- to get you true current balance you have to call your credit card company. all credit cards have a credit limit. available credit is the amount of money you have when you deduct your current balance from your credit limit.|||current balance is how much money you have in the account. available credit is the money you can still borrow, before you reach your limit.|||The current balance is the amount of money you owe to the company. Your current balance is the amount you have charged, plus any fees (such as interest, late fees, overlimit fees, etc.). Available credit is your credit line minus the current balance.|||hope your not 18 yet|||cash advances + purchases + fees/interest = current balance. Credit limit - current balance = available credit.