What does -$ 100 on a credit card mean?
What does -$ 100 on a credit card mean? The credit card payments you make each month reduce your balance. If your balance drops below zero, that's considered a negative balance, and it shows how much your issuer owes you. The number on your account is the amount they owe. A -$50 balance means your creditor owes you $50.
Should I pay off my credit card in full or leave a small balance?
It's a good idea to pay off your credit card balance in full whenever you're able. Carrying a monthly credit card balance can cost you in interest and increase your credit utilization rate, which is one factor used to calculate your credit scores.