When you receive your credit card bill, you'll notice two different balances: the statement balance and the current balance. Conventional wisdom says that you should always pay off your statement ...

A billing cycle is a specified period of time between two statement dates, typically spanning about 30 days for a credit card. The issuer tracks all purchases, cash advances, and any fees ...

Image Source : FILE The importance of credit card billing cycles. Credit card billing cycle: In today's time, the number of people using credit cards is in the millions. Despite this, every day ...