Plastic cards or credit cards were designed for convenience. If it was not for the extreme convenience and expediency offered by credit cards for shopping, cash withdrawal and cash advances, no one would bother to pay exorbitant interest rates for getting these cards issued.
The fact that people are ready to pay interest rates that are often sky-rocketing, just in order to possess and use a credit card is in itself a proof of the fact that people cannot even imagine their lives without a credit card.
Too convenient for comfort?
But sometimes when things get too convenient, it could turn in to a situation which is described best as ‘too convenient for comfort’. When you can conveniently shop around the entire month even without having a single penny in your bank account and then pay for all those transactions when you get a bill on a particular date of each month, it becomes too easy to overlook errors on the billing statements.
Are you taking the convenience for granted and failing to check if everything is alright with your bill? Errors in monthly bill statements are not uncommon and the faster you catch these errors the better for you. All credit card companies and banks have a fixed date or fixed number of days from the date of issue of bill to notify of errors in the statements and get them fixed.
What is a credit cards list of transactions and why do you need one?
In US, statistics reveal that an average person could carry up to four (or even five) credit cards. So this also denotes that most of the credit card owners are very credit savvy due to their extensive usage of credit cards. To help track expenditures and facilitate budgeting many consumers prefer to maintain a list of credit card transactions, either in the form of a log book or an electronic record of all transactions.
This credit cards list of transactions is a huge help when you have to verify your monthly bills each month to find any errors that may have cropped up. As you already know, the transactions happen throughout the month and it is not possible for anyone to keep a perfect mental record of all the transaction dates and amounts.
In case you have to quickly check your statement for any errors before the expiration of the time window, you have to have an easy reference to use and a credit cards list of transactions can be of immense help to you here.
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