{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/www.indusind.com\/iblogs\/credit-card\/3-things-to-check-in-your-credit-card-statement\/#BlogPosting","mainEntityOfPage":"https:\/\/www.indusind.com\/iblogs\/credit-card\/3-things-to-check-in-your-credit-card-statement\/","headline":"3 Things to Check in Your Credit Card Statement","name":"3 Things to Check in Your Credit Card Statement","description":"Today, credit cards have become an essential part of our daily lives. With so many benefits like cashback, reward points, discounts, and more, it\u2019s no surprise that they\u2019ve become a go-to mode of payment for many people. However, while using credit cards, it is important to keep a close eye on your credit card statements...","datePublished":"2023-04-20","dateModified":"2024-08-27","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\/Banner18_3-Things-to-check.jpg","url":"https:\/\/www.indusind.com\/iblogs\/wp-content\/uploads\/Banner18_3-Things-to-check.jpg","height":400,"width":1060},"url":"https:\/\/www.indusind.com\/iblogs\/credit-card\/3-things-to-check-in-your-credit-card-statement\/","about":["Credit Card"],"wordCount":1113,"keywords":["credit card statement","IndusInd Bank Credit Card"],"articleBody":"Today, credit cards have become an essential part of our daily lives. With so many benefits like cashback, reward points, discounts, and more, it\u2019s no surprise that they\u2019ve become a go-to mode of payment for many people. However, while using credit cards, it is important to keep a close eye on your credit card statements to ensure that everything is in order. Checking your credit card statement may seem like a mundane task, but it\u2019s essential to ensure that you are not being charged any incorrect fees or fraudulent transactions. In this blog, we\u2019ll discuss the top 3 things to check in your credit card statement. Billing Errors Billing errors are one of the most common issues faced by credit card users. These errors can occur due to various reasons like incorrect billing cycles, duplicate charges, or unauthorized transactions. It is essential to keep a close eye on your credit card statement to ensure that you are not being overcharged. One of the easiest ways to identify billing errors is to compare your credit card statement with your receipts. This will help you to spot any discrepancies between the two. If you find any billing errors, it\u2019s important to contact your credit card company immediately and get it resolved. Delaying the resolution of billing errors can lead to further complications. It is also important to keep track of your credit limit to avoid over-limit fees. Make sure to check if you are close to exceeding your credit limit, and if so, try to pay off the balance as soon as possible. Unauthorized Transactions Unauthorized transactions are another common issue faced by credit card users. These transactions can occur due to various reasons like lost or stolen cards, phishing scams, or identity theft. It is important to keep a close eye on your credit card statement to ensure that there are no unauthorized transactions. If you find any unauthorized transactions on your credit card statement, it is essential to report it to your credit card company immediately. Your credit card company will investigate the matter and take the necessary steps to resolve the issue. In addition, you can also take proactive steps to prevent unauthorized transactions from happening. For example, you can sign up for text or email alerts for transactions made on your credit card. This will help you to keep track of all the transactions made on your credit card and identify any unauthorized transactions immediately. Rewards Points and Cashback Credit card companies offer various rewards points and cashback programs to their users. These rewards points and cashback can be redeemed for various benefits like discounts, cashback, or travel rewards. It is important to keep track of your rewards points and cashback to ensure that you are getting the maximum benefit from them. Make sure to check your credit card statement for any rewards points or cashback earned during the billing cycle. If you find that you have not received any rewards points or cashback, contact your credit card company immediately to get it resolved. Also, it is also important to keep track of the expiry date of your rewards points or cashback. Most credit card companies have an expiry date for their rewards points and cashback. If you do not redeem your rewards points or cashback before the expiry date, you will lose them. In conclusion, checking your credit card statement is an essential task that every credit card user should undertake. By keeping a close eye on your credit card statement, you can identify any billing errors, unauthorized transactions, and maximize the benefits of rewards points and cashback. Make sure to check your credit card statement regularly and contact your credit card company immediately if you find any issues. By doing so, you can ensure that your credit card usage is smooth and hassle-free. If you\u2019re looking for a credit card that encompasses all the benefits and rewards to match your lifestyle, check our offerings and you\u2019d definitely find your ideal pick. IndusInd Bank offers a range of lifetime free credit cards that enable you to enjoy exquisite privileges and help save more with reward points that never expire.   Apply Now Disclaimer: 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:"}