The Learning Center
GLOSSARY TERMS
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Previous balance

Previous balance is the amount owed at the end of the previous credit card account billing period, which excludes any payments, credits and new purchases during the current billing period. Some creditors also exclude unpaid finance charges from the previous balance.


Previous Credit Card Term: Pre approved line of credit

Next Credit Card Term: Primary Account Number (PAN)


* See the online credit card application for details about terms and conditions. Reasonable efforts are made to maintain accurate information. However all credit card information is presented without warranty. When you click on the "Apply Here" button, you can review the credit card terms and conditions on issuers website.