We believe that financial knowledge is the foundation of financial independence. Whether you’re just starting your credit journey or looking to sharpen your money management skills, understanding your credit card balance is a great place to begin.

What Does “Credit Card Balance” Mean?

Your credit card balance is the total amount you currently owe on your credit card. This includes:

• Purchases you’ve made
• Any interest that has accrued
• Fees such as late charges or annual fees
• Cash advances or balance transfers, if applicable

In simple terms, it’s the amount you need to repay to bring your card back to a zero balance.

Why It’s Important for our Members

Managing your credit card balance wisely helps you:

• Avoid interest charges by paying your balance in full each month
• Protect your credit score by keeping your balance low relative to your credit limit
• Stay financially healthy by making at least the minimum payment on time

We encourage our members to use credit as a tool not a trap. Understanding your balance is a key part of that.

Smart Tips

Here are a few ways to stay on top of your credit card balance:

• Pay your balance in full whenever possible
• Use our Online and Mobile banking tools to monitor your spending
• Set up payment reminders or automatic Bill Pay so you never miss a due date
• Keep your credit utilization low ideally under 30% of your limit

Empowering Your Financial Future

As your trusted financial partner, we are here to help you make informed decisions. Whether you’re building credit, managing debt, or planning for the future, we offer the tools and support you need every step of the way.

Have questions about your credit card or want to explore our low rate Credit Card options? Contact us at 215-725-4430 or stop by your local branch; we’re always happy to help.