<prompt> Human: I know that this question has been asked a million times before, but I am still confused. I dont want any balance owed on my CC that I just opened in April. I paid my last cycle May and now my Current Balance is quite higher than my Statement Balance. I do understand that Statement Balance is what is needed to be paid, but I dont want to owe anything on my CC just in case I am low on funding next cycle. Why is my Current Balance so much different than Statement Balance, and which do I ACTUALLY owe my whole Current Balance? even if I dont need to pay it in full right now. Also, if I pay my Statement Balance, does it reflect in my Current Balance. Sorry for the noob question, but I greatly appreciate it.  <response>: Your current balance is how much you must pay such that your balance is 0. This changes with every transaction you buy something or make a payment. Its a running total. Be aware that it may not reflect pending charges. Your statement balance is a snapshot of what your current balance was on the day your statement closed. It reflects all of the completed transactions during the statements time period. It is the amount of money you must pay by your due date to avoid interest charges. Good luck! 