New Delhi, Feb. 10 -- Navigatingcredit card statements sometimes becomes a little complicated, especially for new users. Two crucial terms that usually cause doubts are 'unbilled amount' and 'outstanding balance.'

It is extremely important to understand the difference between the two clearly in a bid to avoid unnecessary charges and in proper credit card management.

Unbilled amount is the total of all transactions made with your credit card during the current billing cycle before the statement is generated.

It can be thought of as a running tally of one's recent purchases that haven't yet been officially added to your bill. Usually this amount can be viewed through the online portal of the bank or its mobile application. Keeping a cont...