Credit Cards have become part of the mainstream means of payment today. They offer convenience, security, and enhanced purchasing power. However, with the increasing credit card use, it is essential to keep track of your spending and keep yourself within your financial means.
Your monthly credit card statement is an essential tool to help you do it. In this guide, we'll focus on how to get credit card statement and where you can conveniently receive it.
A credit card statement is a document issued by the card provider regularly every month. It includes a list of all the purchases, payments, interest charges, payment history, and transactions you made through your credit card for that period. It is also referred to as a CC statement.
You can get your credit card statement both online and offline.
You can opt for getting your credit card statement via email every month. The credit card issuer will send you a PDF document containing the updated invoice. The file is typically password-protected, and you can find the specific instructions within the email itself.
You can check your updated credit card statement online using the following procedure.
Step 1: Visit the credit card issuer's official website and log in with your internet banking id and password.
Step 2: Open the credit card section.
Step 3: Retrieve your latest credit card transaction statement by clicking on 'Statement.'
Step 4: You can download the credit card statement in PDF format.
Step 5: Enter the password to the PDF to check your credit card statement.
To sum up, checking your credit card statement is essential to managing your finances effectively. By understanding how to read and analyse your statement, you can maintain track of your spending and avoid unauthorised charges.
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While the limit on your credit card can affect your credit score, it remains unchanged every time you request a statement. So, you can examine your credit limit as many times as you desire during the billing cycle.
Login to the credit card provider's official website using your banking credentials and navigate to the 'Statement' or 'Transactions' section. You can view or download the statement for the last six months from there. You can also request the same via email or a customer care number or visit the nearest branch.