This section will typically also include details on late payment charges in the event of a previous late or missed payment. Minimum balance due: This is the minimum amount you should pay before your specified due date to avoid a late payment.Previous balance: Your statement will include your previous balance, which is the balance you owed at the end of the last billing cycle.Your credit card monthly statement may show the following: What do the parts of a credit card statement mean? Your credit card statement may arrive in the mail or your email inbox (if you have opted for paperless statements) each month, approximately 21 days before your next minimum payment is due. A billing cycle is a period of time during which your credit card transactions are recorded and processed into a monthly statement. Your monthly credit card statement is typically available at the end of your billing cycle. Monthly credit card statements typically contain the following:
Your credit card statement is made up of your recent transactions, payment information and details about your account. If you've signed up for paperless billing, you'll receive an email notification that your monthly statement is available.
Credit card companies and banks typically mail out your monthly statement after the end of your billing cycle. Your monthly credit card statement is a record of your recent transactions, activity, and any applicable fees and interest charges. What is a credit card statement and how does it work? How long you may want to keep your statements.Some points to consider when reading it, and.A breakdown of your credit card monthly statement.Although your statement contains relevant information regarding your recent activity (including purchases and payments), it can be difficult to understand the ins and outs of your billing cycle, fees, transactions and more. Member FDIC.Reviewing your credit card billing statement each month can be a useful way to monitor your finances and help you keep track of your recent transactions. Deposit products and related services are offered by JPMorgan Chase Bank, N.A. Products not available in all states.īank deposit accounts, such as checking and savings, may be subject to approval. JPMS, CIA and JPMCB are affiliated companies under the common control of JPMorgan Chase & Co. Certain custody and other services are provided by JPMorgan Chase Bank, N.A. (CIA), a licensed insurance agency, doing business as Chase Insurance Agency Services, Inc. Insurance products are made available through Chase Insurance Agency, Inc.
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