What is the difference between current balance, available credit and credit card limit?

Last Updated: 19 Sep 2014

Your current balance is the amount currently owing on your card account.

The available credit is the amount that you have available to spend. This is based on the credit limit less the current balance less any pending transactions.

The credit limit is the amount of credit available on your card account. You can spend up to this limit.

If your account has a credit current balance or the pending transaction is a payment, the available credit will be your credit limit plus the credit current balance plus the credit pending transaction.  

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