The Learning Center
GLOSSARY TERMS
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Terms that begin with Z
  • Zero Balance

Zero Balance

A zero balance is when your credit card billing statement shows no outstanding balance and no new charges have been incurred on your credit card account for a specific time period. A zero balance results when you pay your credit card account balance in full and have no new activity on your account after your payment is received and processed by the credit card company. 


Previous Credit Card Term: Void


* 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.