Having a negative balance on a credit card means you paid more than you owe on your card. In most cases, the overpaid amount will be credited toward a future purchase.
You’re probably used to owing money to your credit card company. From time to time, however, it can be the other way around. If your credit card account shows a negative balance, that means your creditor owes you money. While it might be startling to see a negative balance on your account, it shouldn’t have […]
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What Is a Negative Balance on a Credit Card?
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