Does a negative balance mean you owe money?A negative balance indicates that your bill was overpaid and that you may be eligible for a refund.
What happens if I overpay my credit card balance?When you overpay, any amount over the balance due will show up as a negative balance on your account. Negative balances are simply reported as zero balances on your credit report and will not affect your credit utilization. You also won't earn interest on your negative balance.
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