How a credit card statement works
Learn what goes on your statement, the difference between paying in full and the minimum, how revolving credit works and why your limit is not income.
Credit cards and installments
Statements, closing and due dates, and installments without surprises.
Basic
Credit card closing date vs. due date
The closing date is when the statement stops taking purchases. The due date is when you pay. Knowing the difference gives you more time and avoids surprises.
Intermediate
How to keep track of installment purchases
Add up the installments for the coming months, see when they overlap and how much of your limit is tied up. A personal cap keeps you from going too far.
How to work out the real cost of buying in installments
Compare the cash price with the total of all installments and see, in reais and in percent, what splitting the payment really costs.
All topics
- First steps with money
- Family budget
- Bills and money to receive
- Debt, interest and renegotiation
- Emergency fund
- Investing for beginners
- Net worth and planning
- Money and family
- Crypto and its risks
- Economy and indicators
- Security and financial scams
Put it into practice
Create your free account and organise your family’s money on your phone.
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