The Statement Of Transactions section of your credit card statement is where you will find all of your purchases and payments over the course of your billing cycle. The Transaction Summarization section details all transactions that have occurred on your account during the billing period, such as purchases and payments. You'll also find credits posted to your card when you make any refunds or returns. Each line has an Account Number that refers to the form of the transactions (e.g., Credit Card, MasterCard, Visa) that it relates to…these are the Transaction Summaries.
There are several reasons why you may want to review your Credit Card Statement of Transactions at this time. For example, you may have just applied for new credit and need to make sure that all of the information on the application (including any additional fees) has been properly submitted.
If you have recently made a purchase and your card has not yet been used, you may want to take a look at the Statement of Transacts to see if the transaction is on hold due to your payment. If so, you can then pay it back and apply again when the card has been issued. If your payment is going through, your card will be charged interest on the purchase and the interest amount may exceed the balance you originally had on the card.
You may also want to review your Credit Card Statement of Transactions to see if you have any outstanding balances associated with the cards that you currently own. Some companies may suspend your credit card or may charge an annual fee for balance transfers, so if there are any balances that you do not know about, you should inquire about them. These can include any balances that may have been established with other companies, and those that you may have forgotten about due to misplacement or inactivity.
In addition to this, the statement may also contain all of your statements relating to any purchases that were made using your credit cards. This could include your statement of the Sales Activity, and your Statement of the Sales Amount.
The statement may also include all of your statements relating to your transactions using your Credit Cards (such as your statement of the Purchase Activity), and any charges that you might have incurred, such as over-limit fees. Any account balances that you may have or accounts that may have a charge you a fee for using the Card, such as overdrafts and return charges, may be included in the Statement of Transactions.