What is a credit balance on my credit card bill?

Amounts are credited to your credit card account each time you make a payment. A credit might also be added when you return something you bought with your credit card, when you earn a reward, or when a mistake in a prior bill is corrected. If the total of your credits exceeds the amount you owe, your statement shows a credit balance. This is money the credit card company owes you.

What can I do with a credit balance shown on my credit card statement?

You don’t have to do anything. You can leave the credit on your account to pay for future charges. Or you can call your credit card company and ask them to send you a check for the amount of the credit balance. Your card company might ask you to send this request in writing. If you leave the credit balance on your account for more than six months, your card company will likely send you a check for the amount.

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