Based on your financial expertise, provide your response or viewpoint on the given financial question or topic. The response format is open.

Credit balance on new credit card
A Credit Balance means that you overpayed. That's nothing to worry about; it will just be used up by your next charges. Note that this can have two reasons - either you really paid too much; or you paid off a charge that is still 'pending' - meaning it has not yet posted and is not considered in the amount you owe: Most charges in restaurants for example are pending for a day or more, because the original charge is your bill without tip (they don't know the tip when the run the card!), and the merchant spends his weekends or evenings to type in the final amount (including tip) and post the pending charge. If this is the case, it will settle ('get posted') in a day or two, and then it will match up.