Confused credit card statement?

Question

So i checked online and it looks like this

$0.00 Minimum amount due

$0.00 Statement balance (as of July 01, 2008)

$300.00 Current balance

A payment is due July 26

So do i own 300 or is that going to show up as my statement balance next month. If i dont pay 300 by the 26th am i going to be charge interest.

Thanks for the help

Answer 1

What this means is that either the current billing period hasn't closed yet, or your credit card issuer is rewarding you with a month with no minimum payment (ie skip a payment), or the charge posted after the most recent closing date and will appear on your next statement.

As for any interest that may be assessed, that depends on how it is calculated.  If the $300 posted after the last closing date and your terms include a grace period, you will ot be charged any interest until a balance is carried passed Aug 26.

Answer 2

it say's zero due.  should mean u owe $0.00 but you can always call the number on the statement to be sure