I received a credit card statement covering the September 20 to October 19 period. Now, it just so happens that I received a very large refund on October 20.
The statement balance is due on November 9. What is the minimum amount I must pay to avoid incurring interest?
Am I required to pay the statement balance? Or, if the balance on November 9th is lower than the statement balance, am I required to pay this lower amount?