Friday, May 27, 2022

Credit Card Statement: Why is it important to view credit card statements? If you don’t see then do a big mistake

Credit Card Statement: If you have a credit card from any bank, then it is very important to see its statement. The credit card statement tells you about all the important things related to your account.

If you use a credit card, then this news is for you only. It is very important to see the credit card statement. This statement shows how the customers have used the credit card for the billing time. Experts say that credit card statements also help users in maintaining credit scores. One should always read the credit card statement carefully to keep an eye out for suspicious and suspicious transactions. It is very important to see these things in the credit card statement.

Transaction charge

The user should check the fees that come with the credit card bill correctly. Keeping track of credit card details helps users. Sometimes banks charge extra charges for spending more than the credit card limit. Along with this, many types of taxes are also deducted. It is important to keep an eye on them.

Credit limit

Credit card statement gives information about credit limit and total outstanding amount. The total amount includes all the EMIs that they have to pay along with the charges levied in the given billing cycle. This suggests users pay some outstanding amount every month to avoid any extra charges.

Read More: RIL’s major statement on the merger with Zee was drafted, and Puneet Goenka was suggested as the MD and CEO

Reward point balance

Sometimes, using a credit card gives you some reward points, which are valid only for a certain period of time. The user should use the reward points before they expire. The credit card statement gives information about all the extra points available on the credit card. Along with this, the statement also shows how many extra points the user has used.

Change in rules

The credit card provider bank or company sometimes changes some of the terms and conditions. If your bank has also changed the rules related to credit cards, then these can be found out in the monthly statement and if you do not see them then it can be missed.


The credit card statement includes details related to any interest charged on your outstanding balance. Credit cards come with an interest-free period of up to 50 days, after which interest is charged on the outstanding amount. With the credit card statement, you will be able to get complete information about the interest.



Please enter your comment!
Please enter your name here

Most Popular


Customers of SBI have been dealt a serious blow! From December 1, transactions will be more expensive. Find out how much the charges will...

Credit Card from SBI: If you use an SBI credit card, you may be surprised. For transactions made with SBI's credit card, you will...

What happens after the credit card expires? Know all the things

Credit Card Expire: Many people use credit cards, credit cards also have a credit limit, so that more transactions cannot be done. If you...

Credit Card Limit: Has your credit card limit suddenly decreased? Learn how to grow

During the Coronavirus pandemic, many people lost their jobs. From above, the banks have also reduced the credit card limit. Most of the people...

COVID Impact: Credit card transactions dropped by 21.57 percent in February.

According to RBI numbers, over 5.49 lakh new Credit card were released in February. In the aftermath of the COVID-19 Pandemic, the issuance of...


Digital financial services platform Paytm on Tuesday declared the augmentation of its Rent Payments feature. Now, the holders can also transfer their monthly rent...

Most Popular


* indicates required