A credit card statement will show all purchases
and payments you have made using your credit card.
Each statement will cover a set period of
time, usually a month.
Purchases and payments since the date of your last
statement should be shown on the current statement.
Activity: What you might see on your
credit card statement.
Move your mouse pointer over items to find
out what each area means.
The statement might also tell you how long it
takes to process the payment before it is credited to your account.
It can take up to five working days. Make sure you make your
payments within the time limit or you may incur additional interest
charges or late payment penalties.
More information about making payments
Paying more
than the minimum amount – You
can pay more than the minimum amount if you wish. This is always
worth doing if you can as this can reduce the amount
of interest you pay on the balance.
Paying less than the minimum payment – Contact
your credit card company if you have difficulty paying the
minimum payment. Your credit card company might charge additional
costs if you do not pay the minimum payment and do not contact
them
to make arrangements.
What if I do not pay my credit card statement
within the time limit? You might incur extra charges. Charges could include
a late payment fee and additional interest might be added
to your
account. If you regularly miss payments your credit rating
could be affected. You could also face legal action for non-payment.
Contact your credit
card company if you have difficulty either making payments or understanding
your statement.
