Cardholder Payoff Balance

The Cardholder Payoff Balance function provides the amount required to payoff an account balance on a given date.

To view Cardholder Payoff Balance, under the Payments menu click on Cardholder Payoff Balance.

Field Descriptions:

Balance ID: System-generated identifier of a balance on the cardholder account record.

Daily Interest Amount: The interest rate applied to the balance on the account.

Payoff Balance Amount: The dollar amount needed to payoff the account balance.

Payoff Balance Date: The date that the associated Payoff Balance Amount must be paid to avoid accruing additional interest.