According to Federal Reserve data from Q1 2024, the average annual percentage rate (APR) on credit card accounts reached 21.59%. This is where the concept of a zero balance credit card can be a ...

If a credit card refund results in a negative account balance, the issuer will return the money. Alternatively, you could charge additional purchases to bring the balance back up to zero or more.

A zero-balance digital savings account comes with transaction limits (these vary across banks). In most cases, the aggregate ...