Reported 2 days ago
A negative balance on your credit card usually indicates that you've overpaid or received funds back, which is generally a good sign. This can occur through refunds, statement credits, or autopay settings resulting in excess payments. If your account is closed, the issuer will likely refund any negative balance before finalizing the closure. It's important to note that you can still use your card for purchases, just be mindful of how it affects your total available credit.
Source: YAHOO