While I was wondering why the balance amount is higher than what I actually spent on ( Not the current vs actual balance) & the amount of monthly payment is higher than what is due, I found that there is something called "Protected balance" in my statements since the beginning of this year. There is no incurred interest on it and it seems to go to the amount I have to pay for next month. But each month, the amount charge on my balance stays the same. Does anyone know what "Protected Balance" is? If anyone can help me, I will be grateful. Thanks.
