You recently got a credit card? Or maybe you have many already!
Well, along with that glossy, flashy, sparkling new card you received, soon what will follow in the mail is a dull, dry, paper statement full of tricky terms and fidgety figures.
You need to be able to read this new stage language to know what’s going on. Let’s get you equipped!
A credit card statement is a summary of how you've used your credit card during a billing period.
A billing period is a 30-day period that credit companies use to measure your balance, transactions, and interest rates. The billing period is pre-set when you get your card, but it is something that most card companies let you change so that you can pick the exact dates that suit you.
Credit card statements are filled with terms, numbers, and percentages that play their role in the calculation of your total credit card balance.
Bright helps you with Credit Card statements by monitoring the interest levels for you and allocating to your cards accordingly. We watch out for you and pay your minimum dues. We target your credit card balances when you have cash to spare. We ensure you don’t face late fees! In summary, when it comes to managing your card card statements, Bright has your back.
Everything you need to know about Credit card speak - in 3 mins!
Save thousands of wasted dollars from high credit card interest by just following these 3 approaches.
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