A credit card billing cycle is the period of time between the statement closing date and the next statement closing date. During this time, you can make purchases, balance transfers, and cash advances with your credit card. At the end of the billing cycle, your credit card issuer will send you a statement that lists all of your transactions and any fees or charges associated with them.

There are several types of charges that you may see on your credit card statement, including:

  1. Interest charges: These are charges that you may incur if you carry a balance on your credit card from month to month. Interest is typically calculated based on the annual percentage rate (APR) and the balance you carry.
  2. Annual fees: Some credit cards charge an annual fee for the privilege of using the card. This fee is typically charged on a yearly basis, either as a one-time charge or in monthly installments.
  3. Late fees: If you don’t pay your credit card bill by the due date, you may be charged a late fee. This fee is typically a percentage of your unpaid balance or a fixed dollar amount.
  4. Over-limit fees: If you exceed your credit limit, you may be charged an over-limit fee. This fee is typically a percentage of the amount by which you exceeded your limit or a fixed dollar amount.
  5. Balance transfer fees: If you transfer a balance from one credit card to another, you may be charged a balance transfer fee. This fee is typically a percentage of the balance transferred.

It’s important to carefully review your credit card statement each month to understand all of the charges that you are being billed for. If you have any questions or disputes about the charges on your statement, you should contact your credit card issuer for more information.