How do I find out my outstanding credit card balance?
Daniel Santos
Updated on January 31, 2026
Another way to check your credit card balance is by logging into your bank’s mobile app. All your account information including the outstanding balance, total and available credit limit etc. will be displayed on the home screen. Call the Customer care number of your credit card provider.
What is the outstanding amount?
The outstanding amount is the key financial amount of the part of the loan. It’s the amount you pay when you buy (if you buy without extra cost or discount). After having purchased a part of loan, the outstanding is evolving. It’s usually increasing everyday with accrued interest, until the Due Date.
How do I clear outstanding balance on my credit card?
7 Ways by You Can Pay Off your Credit Card Debts
- Make a note of all the debts to be paid.
- Prioritizing.
- Paying the card bill with the least balance.
- Getting a credit card with low APR.
- Taking a loan to pay off credit card debts.
- Converting outstanding bill to EMIs.
- Paying off your bills on a regular basis.
What happens if I only pay the statement balance?
If you pay just your statement balance, you will end up having to pay interest on that cash advance. Any minimum payment you make is applied toward the balance with the lowest APR first. Cash advances typically have a higher interest rate, so you would not make any dent in that balance.
Do I need to pay outstanding balance?
Paying the full statement balance is a smart way to escape interest charges. Now, you don’t have to pay the outstanding balance to steer clear of interest and fees. Paying the statement balance will take care of that. But if you pay the entire outstanding balance, you can lower your credit utilization ratio.
What does it mean to have an outstanding balance?
An average outstanding balance is the unpaid, interest-bearing balance of a loan or loan portfolio averaged over a period of time, usually one month. The average outstanding balance can refer to any term, installment, revolving, or credit card debt on which interest is charged.
What does it mean when you have an outstanding balance?
Outstanding balance definition An outstanding balance is the amount you owe on any debt that charges interest, like a credit card. Most often, it refers to the amount you owe from purchases and other transactions made with your credit card.
Do you pay statement balance or current balance on credit card?
Your statement balance is the amount you owe on your credit card as of the latest billing cycle. Your current balance refers to all unpaid charges on an account, up to the date of your inquiry. As a cardholder, you are responsible for paying your statement balance or a portion of it, to avoid any negative consequences.
What does outstanding balance on credit card mean?
Outstanding Balance Amount is the amount you owe on purchases made with your credit card. This is the outstanding amount for repayment, but a portion of it is the minimum repayment amount that must be settled, else there is a late payment charge that will be levied.
What’s the difference between minimum amount, outstanding balance and statement balance?
Click here to register for Online Banking or SC Mobile. What is the difference between Minimum Amount, Outstanding Balance, and Statement Balance? Minimum Amount Due is the minimum amount you are required to pay, on or before the payment due date, to maintain your card account in good standing and to avoid late payment fee.
How to check Citi credit card outstanding balance?
Credit Cards – Know Outstanding balance and Due date and make Bill payment 1 Login to Citi Mobile App 2 On the accounts summary page click on the ‘Credit card section’ 3 The next screen displays the total outstanding balance, minimum due amount and due date 4 If you want to proceed with bill payment, click on ‘Make Payment’
How is the balance on a credit card calculated?
It is calculated starting with the old balance, if any. The card issuer credits payments and adds old balance, new purchases, fees and interest to calculate the current outstanding balance. All this information will be mentioned in your statement, communicated to you via mail or SMS.
