What it means
The total you owe on your card on the statement date.
Credit Cards
Statement Balance
The total you owe on your card on the statement date.
CategoryCredit Cards
Pro tip inside1 quick win
What “Statement Balance” really means
The meaning, how it works in the UAE, and why it matters to your money.
How it works in the UAE
Your statement balance is everything you owed on your card on the statement date — purchases, fees and any interest.
Why it matters
Paying this full amount by the due date keeps you interest-free on purchases.
PRO TIPDon't confuse it with the minimum payment, which is much smaller.
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Read more about Statement Balance
Guides that use this term — and a tool to put it into practice.
