{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/www.indusind.com\/iblogs\/categories\/credit-card\/9-things-you-must-check-in-your-credit-card-statement\/#BlogPosting","mainEntityOfPage":"https:\/\/www.indusind.com\/iblogs\/categories\/credit-card\/9-things-you-must-check-in-your-credit-card-statement\/","headline":"9 Things You Must Check In Your Credit Card Statement","name":"9 Things You Must Check In Your Credit Card Statement","description":"Keeping a close eye on your credit card statement is crucial for maintaining financial health. Whether you\u2019re a seasoned credit card user or new to the world of credit, regularly reviewing your statements can help you manage your finances more effectively, catch any errors or fraudulent activities, and stay within your budget. Here are nine...","datePublished":"2024-06-28","dateModified":"2024-06-28","author":{"@type":"Person","@id":"https:\/\/www.indusind.com\/iblogs\/author\/vinayak\/#Person","name":"Vinayak","url":"https:\/\/www.indusind.com\/iblogs\/author\/vinayak\/","image":{"@type":"ImageObject","@id":"https:\/\/secure.gravatar.com\/avatar\/83880c90630f0d98ec7d461acb74bdf6?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/83880c90630f0d98ec7d461acb74bdf6?s=96&d=mm&r=g","height":96,"width":96}},"publisher":{"@type":"Organization","name":"IndusInd","logo":{"@type":"ImageObject","@id":"https:\/\/www.indusind.com\/iblogs\/wp-content\/uploads\/logo-2.png","url":"https:\/\/www.indusind.com\/iblogs\/wp-content\/uploads\/logo-2.png","width":201,"height":86}},"image":{"@type":"ImageObject","@id":"https:\/\/www.indusind.com\/iblogs\/wp-content\/uploads\/CC_409-1.jpg","url":"https:\/\/www.indusind.com\/iblogs\/wp-content\/uploads\/CC_409-1.jpg","height":260,"width":688},"url":"https:\/\/www.indusind.com\/iblogs\/categories\/credit-card\/9-things-you-must-check-in-your-credit-card-statement\/","about":["Credit Card"],"wordCount":1124,"articleBody":"Keeping a close eye on your credit card statement is crucial for maintaining financial health. Whether you\u2019re a seasoned credit card user or new to the world of credit, regularly reviewing your statements can help you manage your finances more effectively, catch any errors or fraudulent activities, and stay within your budget. Here are nine essential things to check in your credit card statement, and why IndusInd Bank Credit Cards offer the best solution for simplifying payments and managing your finances efficiently.#1. Statement PeriodThe first thing to verify is the statement period. This date range shows the period during which transactions were recorded. Ensure the transactions listed fall within the correct timeframe. IndusInd Bank Credit Cards provide clear and detailed monthly statements, making it easy to track your spending over specific periods.#2. Opening and Closing BalanceCheck your opening and closing balances to understand your total outstanding amount at the beginning and end of the statement period. These figures give you an overview of how much you owe and how much you have paid during the month.#3. Minimum Payment DueThe minimum payment due is the least amount you must pay to avoid late fees and penalties. While it\u2019s always better to pay off your full balance to avoid interest, knowing your minimum payment helps you stay compliant. IndusInd Bank Credit Cards ensure this information is prominently displayed for your convenience. # 4. Payment Due Date Mark your calendar with the payment due date to avoid late payment fees and potential impacts on your credit score. IndusInd Bank Credit Cards come with user-friendly online platforms and mobile app notifications to remind you of upcoming due dates, helping you stay on top of your payments effortlessly.# 5. Transaction SummaryReview the transaction summary to verify all listed purchases, cash advances, and credits. Look for any unfamiliar transactions that could indicate fraud. With IndusInd Bank Credit Cards, detailed and itemized statements make it easy to spot discrepancies quickly.# 6. Interest and FeesEnsure you understand any interest charges and fees applied during the statement period. You must check out for any late payment fees, annual fees or Forex Markup. IndusInd Bank Credit Cards offer transparent fee structures, so there are no surprises when you receive your statement.# 7. Reward Points and BenefitsIf your credit card offers rewards or benefits, check the points you’ve earned and how you can redeem them. IndusInd Bank Credit Cards are known for their generous rewards programs, making it easy to earn and redeem points for a variety of benefits, including travel, shopping, and dining.# 8. Credit Limit and Available CreditYour credit limit is the maximum amount you can borrow on your credit card, while available credit is the amount still available to spend. Keeping track of these figures helps you manage your spending and avoid going over your limit. IndusInd Bank Credit Cards provide clear indicators of your credit limit and available credit, ensuring you\u2019re always aware of your financial standing.# 9. EMI ConversionsIf you\u2019ve opted for Equated Monthly Installments (EMI) on big purchases, review these details to ensure they are correctly reflected in your statement. IndusInd Bank Credit Cards offer easy EMI conversion options, and these are clearly outlined in your monthly statement for your reference.Why Choose IndusInd Bank Credit Cards?IndusInd Bank Credit Cards stand out for their simplicity and efficiency in managing payments and statements. Here are a few reasons why:User-Friendly Statements: IndusInd Bank provides detailed, easy-to-understand monthly statements that help you track your expenses and payments with ease.Flexible Payment Options: From full balance payments to easy EMI conversions, IndusInd Bank offers flexible payment solutions tailored to your needs.Rewarding Benefits: Earn and redeem reward points that never expire effortlessly with IndusInd Bank’s comprehensive rewards program.Enhanced Security: Robust security features ensure your transactions are safe and protected.Regularly reviewing your credit card statement is an essential habit for financial health. With IndusInd Bank Credit Cards, managing your finances becomes simpler, more transparent, and highly rewarding. Whether it\u2019s simplifying payments, earning rewards, or tracking expenses, IndusInd Bank Credit Cards are designed to provide you with the best possible experience. Stay informed, stay secure, and make the most out of your credit card with IndusInd Bank.Apply NowDisclaimer: The information provided in this article is generic in nature and for informational purposes only. It is not a substitute for specific advice in your own circumstances. Hence, you are advised to consult your financial advisor before making any financial decision. IndusInd Bank Limited (IBL) does not influence the views of the author in any way. IBL and the author shall not be responsible for any direct\/indirect loss or liability incurred by the reader for taking any financial decisions based on the contents and information.Share This:"}