It says my available credit is $0.00 (credit limit $300.00) and current balance $330.00. Does that mean I have no money or 330.00? Can I use my credit card at all at this point?|||Available credit is the amount that is still available for you to charge. The balance is the amount you currently owe.
Based on your example, you currently owe $330 on your account and you are $30 over-limit. Your current available credit (ability to spend) is zero.
Technically you should not be able to use the card until you bring it down under the $300 limit (by making payments). If you have over-limit protection on the account (which seems likely since the account is already over the limit), the bank may allow another charge, but it would depend on the stipulations in your account agreement.
If they allow another charge, they will also certainly charge you a $35 over limit fee.
I would recommend that you stop charging on the account and pay it down as soon as possible. Whether you charge on it or not, as long as you are over the limit, they will keep charging you the over limit fee every month until you bring the balance under the $300.|||You owe $330.00 and are over your credit limit so have no available credit. You cannot use your credit card.|||You have less than zero because you are $30.00 over your limit.
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