@Anonymous wrote:I think it may depend on the bank. With American Express, for example, your "current balance" is the statement balance minus any credits or payments received (what's currently due). You're still PIF by paying the statement balance but it isn't going to adjust itself upward to include your new unbilled balance. Hope this helps provide a little insight a little bit. Perhaps contact your bank to confirm how they define "current balance"?
No, I think Y-I-M has it correctly stated. Even with AMEX, there is a distinction between 'Statement Balance' and 'Total Balance'. Total Balance includes new transactions as well. In this scenario, if Total Balance were selected, the following statement would only show those transactions which posted after the Payment Date and before the next Statement date, not transactions that posted after the current Statement if they posted prior to the Payment Date that included "Total Balance".
Said another way, your credit card Total Balance would go to zero at each autopayment date of "Total Balance" being paid.
@delaney1 wrote:LOL you guys are cracking me up. I completely see how both ways could apply to this situation which is why I asked the question.
I guess you will have to come back and tell us 'cause obviously we don't know the correct answer. 
