It's important to understand the difference between your total balance and your amount due.
📊 Total balance
Your total balance is the full amount currently owed on your Monefit Card account.
This may include:
Purchases made using Credit
Fees
Interest, if applicable
📅 Amount due
The amount due is the amount you need to pay for the current billing period.
Depending on your account activity, the amount due may be:
Lower than your total balance
Equal to your total balance
Limited to the minimum payment amount
Paying only the amount due keeps your account in good standing, while paying your total balance may help reduce interest charges and restore available credit faster.
You can view both amounts at any time in the Monefit Card app.