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How to read credit card statementsHow to read credit card statements

Actually, I couldn't understand the credit card statement when I first got it, but you just need to remember a few key points, namely "amount due in the current period", "minimum repayment amount", The most important data in these columns, such as "repayment due date" and "cash advance amount", can help you understand the bill.

1. "Amount payable in this period" is the amount to be paid on the latest repayment due date;

2. "Minimum repayment amount" is usually the amount due 10 of the amount;

3. "Cash advance limit" refers to the limit that the bank authorizes the cardholder to withdraw cash from the ATM machine;

In addition, we need to remind you that the account balance includes The "-" sign indicates that there is a balance in the current balance, and the absence of "-" sign indicates that the current balance is an overdraft.