1. Summary of account activity
A drumhead of the transactions on your account—your payments, credits, purchases, libra transfers, cash advances, fees, interest charges, and amounts past ascribable. It will besides show your new balance, available credit ( your credit limit minus the total you owe ), and the last day of the charge menstruation ( payments or charges after this sidereal day will show up on your adjacent bill ) .
2. Payment information
Your total newfangled libra, the minimal payment amount ( the least sum you should pay ), and the date your payment is due. A payment by and large is considered on time if received by 5 post meridiem on the sidereal day it is ascribable. If mailed payments are not accepted on a due date ( for example, if the due date is on a weekend or holiday ), the requital is considered on prison term if it arrives by 5. post meridiem on the future business day .
exercise : if your beak is due on July 4th and the credit tease company does not receive mail that day, your requital will be on time if it arrives by mail by 5 post meridiem on July 5th .
3. Late payment warning
This section states any extra fees and the higher interest rate that may be charged if your requital is late.
4. Minimum payment warning
An estimate of how long it can take to pay off your credit circuit board poise if you make alone the minimum requital each month, and an estimate of how a lot you probably will pay, including interest, in order to pay off your charge in three years ( assuming you have no extra charges ). For other estimates of payments and timeframes, see the Credit Card Repayment Calculator .
5. Notice of changes to your interest rates
If you trigger the penalty pace ( for exemplar, by going over your credit specify or paying your placard late ), your credit card company may notify you that your rates will be increasing. The credit card company must tell you at least 45 days before your rates change.
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6. Other changes to your account terms
If your recognition card company is going to raise interest rates or fees or make other significant changes to your account, it must notify you at least 45 days before the changes take consequence .
A list of all the transactions that have occurred since your final affirmation ( purchases, payments, credits, cash advances, and libra transfers ). Some credit batting order companies group them by type of transactions. Others list them by date of transaction or by exploiter, if there are different users on the account. Review the list carefully to make sure that you recognize all of the transactions. This is the section of your argument where you can check for unauthorized transactions or other problems.
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8. Fees and interest charges
Credit card companies must list the fees and matter to charges individually on your monthly bill. Interest charges must be listed by type of transaction ( for exemplar, you may be charged a unlike interest rate for purchases than for cash advances ) .
9. Year-to-date totals
The total that you have paid in fees and matter to charges for the current class. You can avoid some fees, such as over-the-limit fees, by managing how much you charge, and by paying on clock to avoid late payment fees .
10. Interest charge calculation
A summary of the concern rates on the different types of transactions, explanation balances, the sum of each, and the sake charged for each character of transaction .