<prompt> Human: I recently was approved for my first CC at 20 years oldCapital One Journey and received a 300 dollar credit limit. I spent 200 for the first month and about 10 dollars so far for the second. My first cycle is finished, however my credit limit has not returned to the original 300 dollars, instead my online banking account is saying that I owe the entire 210 dollars by my first payment date and I only have 80 dollars left of credit. I was under the assumption that charges that were accrued during two different billing cycles would not accrue on top of each other. Can someone explain this to me or did my CC company make a mistake?  <response>: Well, you SHOULD be paying the entire 210 by your payment date because you shouldnt be spending money that you dont have. And having 80 left of available credit is correct. This will not change until you make a payment. But ... on your credit card statement there should be an indication of minimum amount due and statement balance, the minimum amount is what you HAVE to pay, but the statement balance 210 is what you SHOULD pay. Your available credit will increase by whatever amount you choose to pay when your payment is received. 