Question about interest

[jrubedjmp311]

so i have been on the rebuild!

I have a $300 limit card i recently got.

Due Date is July 5.

I paid balance weeks ago. 

I believe statement date is the 9th.

Will I get charged interest on the 9th for my current balance?

How does this work exactly?

[Anonymous]

when a balance cuts, if you pay it in full before your due date no interest will be charged. as long as you keep doing this, you'll be fine.
Only problem would be if it's a subprime lender; some charge interest as soon as a charge posts

[jrubedjmp311]

So it cuts on the 9th...but as of a few days ago my balance was zero with no payment due....since i have a balance now, even though im not due until august, ill still get interest because theres a balance?

[rmduhon]

Is this your first statement?

[Anonymous]

It shouldn't if this is just your first statement. Who is it with?

[Anonymous]

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@jrubedjmp311 wrote:

So it cuts on the 9th...but as of a few days ago my balance was zero with no payment due....since i have a balance now, even though im not due until august, ill still get interest because theres a balance?

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If you paid your balance to $0 then there should be no intereset.  You will get a new statement for the new amount that will be due in August and you should pay that in full.