Check Your Credit Card Statements

Posted by Peter Brady on Tue 29th August 2006 at 07:00 AM, Filed in Credit Tips

Checking your statement is a pretty boring job and can be difficult to fit into a busy schedule. However, errors do occur, fraud is on the up and double billing does happen, so it is always worth giving your statement the once over. Nowadays, online statements make this task a little easier. If you are suspicious of certain transactions on your account, always corroborate their authenticity with the credit card company.

Always thoroughly check your statement after a holiday. Tourists are natural targets for fraudsters so it pays to be vigilant.

The other thing to keep an eye on is your credit card’s interest rate. Subtle increases can really begin to add up over several months and banks tend to feed on apathy, so be on your guard.

This entry has been viewed 474 times.

READER COMMENTS:

No comments yet.