Credit Card Guide
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Credit Card Glossary

Puzzled by credit card jargon? Browse the CreditCardGuide.com glossary for the definitions of common and confusing credit card terms.

Residual interest

The interest that accrues (accumulates) on a credit card balance from the date that your statement is sent to the date that your payment is received. Also called trailing interest. Residual interest will show up on the next statement. If you do not carry a balance, you do not have to worry about residual interest.

 
     


 
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