LogFAQs > #893380096

The statement does not update automatically, it updates once a month.

Basically, you've got the statement (once a month "snapshot" of your activity, plus explains the minimum you owe, how long it will take to pay off the card if you make just the minimum payment, and your standing balance as of the statement).

Then you've got the balance - this will almost always be at 0 or at a negative number based on if you spent money through it. It is possible to have a "positive" balance, either if you overpay on it or if the lender gives you credit directly to your card (this happened to me once, it was the Sears card).

You also have to understand that the balance does not necessarily update instantly, or even within a couple days. Typically it gets updated when the charges are cleared. Sometimes the charges get posted the same day, sometimes they don't... SO... My point in saying that is that the most accurate/up-to-date number (if you're using the card frequently) tends to be the actual available credit you have. You gotta do the math, subtract it from the total credit to figure out the difference and what the actual balance is at that time, but that's the most reliable way imo to figure out how much you owe (or keep your receipts).

OR

Just wait until the statement comes out and pay the card off in full and don't worry about it.
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