Credit card balances

Once monthly my checking account is charged with the credit-acct balance. I introduce this amount as cost in the checking acct. and transfer this to de credit card acct. All this works, but since this is a "deposit" in the credit card acct. I would expect the credit card balance to be reduced with the corresponding amount - but it isn't, Instead the balance increases with the same amount. Why is that?

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Answers

  • UnoK
    UnoK Member
    Thank you, Volvogirl, for valuable information,
    It seems that I screwed up by not entering charges (I lived abroad and had only e-commerce harges linked to my card in Sweden). So I had always a ”black”balance, which increased by all payments…
    And you mentioned this in your reply.
    thanks
    Uno
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