What is a credit card statement?

by cedrick.casper , in category: Banking and Credit , 10 months ago

1 answer


by alan , 10 months ago


A credit card statement is a document or electronic statement provided by the credit card issuer, usually on a monthly basis, that includes details about the cardholder's credit card transactions and account activity during a specific billing period. It typically includes information such as the date of each transaction, the merchant's name, the amount spent, the payment due date, the minimum payment required, the remaining balance, the credit limit, any fees or interest charges, and other relevant information about the credit card account. The statement allows cardholders to review and reconcile their spending, verify the accuracy of the charges, and make payment decisions.