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What is a credit on a credit card statement

What is a credit on a credit card statement

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In this section, you'll usually statements are full of important which is helpful if you don't want to keep several.

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It just means that your credit card issuer owes you. PARAGRAPHFebruary 27, 3 min read.

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CREDIT CARDS 101: Credit Card Statement Explained
A statement credit is a way for credit card issuers to refund your money when you return merchandise or to deliver cash back or other rewards. A statement credit is money that a credit card issuer, like Discover or American Express, applies to your account. It's deducted from your card balance. Statement credits typically appear in green and as a negative transaction on your online account to indicate you're receiving a credit.

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You might also want to read more about Customer Care. Statement credits may come from the issuer of your credit card or a merchant, and you may see them in a different color than payments on your transactions list, or it may have a plus sign in front of it, indicating the amount has been added to your account. This is any amount credited to your account during your statement period. As another example, you may be able to redeem your cash back or rewards for a statement credit to reduce your credit card balance. Credit Card Marketplace.