Reading a Credit Card Statement

If you’ve ever looked at a credit card statement, you know how difficult one can be to read. To help you understand the terms, numbers, and percentages that play a role in the calculation of your total credit card balance, use the Interactive Credit Card Statement below.

Tap any of the Blue text shown (or hover over the text with your cursor on a desktop PC) to toggle a popup with more information about that portion of the statement.

PLATINUM PIGGY CARD STATEMENT

Account Number
9999 5555 9999 5555

ACCOUNT SUMMARY

Previous Balance: $657.40
Payments and Other Credits: -$657.40
Purchases and Adjustments: $1314.15
Fees: $0.00
Finance Charge: $0.00

$1314.15
$2500.00
$1185.85
$500
10/12/2017
31

IMPORTANT ACCOUNT INFORMATION

This is where the bank might list all the legal notices required to inform you about the conditions of your credit account.

PAYMENT INFORMATION

New Balance Total: $1314.15

Total Minimum Payment Due: $52.57
Payment Due Date: 11/13/2017

Late Payment Warning: If we do not receive your minimum payment by the due date above, you may be subject to a $40 late fee and an increased penalty APR of 29.99%.Total Minimum Payment Warning: If you make only minimum payments, you will pay more and it will take longer to pay off your balance. For example:

If you pay only the minimum payment it will take 73 months to pay off and you will have paid $1771.33
If you pay $45 per month it will take 36 months to pay off and you will have paid $1615.92 (Savings = $155.41)

Please call us for information on credit counseling services.

Date	Description	Reference #	Charges	Credits
9/16	Grocery Land	XX999XXXX9	$75.00
9/17	Book Store	XX999XXXX9	$25.00
9/19	AmazeZone.com	XX999XXXX9	$856.00
9/23	Moviehouse	XX999XXXX9	$70.00
9/25	Restaurant	XX999XXXX9	$55.00
9/30	Gas/Electricity	XX999XXXX9	$65.00
10/02	Payment	XX999XXXX9		$657.40
10/05	Concert Tickets	XX999XXXX9	$115.00
10/06	Cableco	XX999XXXX9	$53.15