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Terms that begin with N

New Balance

At the end of a billing cycle a statement is produced that lists all charges and payments made during the cycle.  The beginning balance less the payments made plus all new charges are totaled.  The ending dollar total is called the "new balance".

Previous Credit Card Term: Minimum payment

Next Credit Card Term: Next Closing Date

* 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.