credit card question

[RichieZ]

lets say at the end of the month my credit card bill is $100. And after the statement period is over I return something worth $10 and my total balance is now $90.

If I only pay $90 does the credit card company treat this as a partial payment and I'm charged interest on the entire balance?

I always pay off my card every month, but I retruned a large purchase this month that is more than my normal spending each month. If I pay the amnt inclduing what I returned it will be like prepaying the next month.

Anybody know how this works? Most likely I will just pay the full amount it to be on the safe side, but i'm curious

 

[memo]

i always pay whatever is remaining on the balance at the time. So i'd pay 90 and they don't charge me. Using AMEX blue, not sure of other companies.

 

[joelnaten]

Pay it all. That's the only way to be safe. You will most likely charge something the following month and the credit can be applied towards that next purchase.

 

[kranky]

The return happened after the statement closing date, so it does not count as a "partial payment".

 

[dionx]

Originally posted by: kranky
The return happened after the statement closing date, so it does not count as a "partial payment".

i dont know if thats entirely true.

before my amex statement closed this month, i had a insurance premium adjustment of $174. the minimum amount to pay for the statement was $27. then just today, i saw my premium adjustment of $174 was credited back because of my driving history. now the minimum amount to pay for the statement is $12.