What Adjusted Balance Mean

What is an adjusted balance? … With the adjusted balance method, the credit card company starts with the balance from the end of the last billing cycle and subtracts any payments made and adds any credits posted to the account during the current cycle.

What's the difference between total balance and adjusted balance?

Remaining Statement Balance is your ‘New Balance’ adjusted for payments, returned payments, applicable credits and amounts under dispute since your last statement closing date. Total Balance is the full balance on your account, including transactions since your last closing date. It also includes amounts under dispute.

How is adjusted balance calculated?

The adjusted balance method of calculating your finance charge uses the previous balance from the end of your last billing cycle and subtracts any payments and credits made during the current billing cycle. New charges made during the billing cycle are not factored into the adjusted balance.