If you’ve spotted a payment on your credit or debit card statement that you don’t recognise, it could be that the retailer or company have a different trading name. Check out our list of common retailer names to avoid any confusion.
If you’re looking at your credit card statement, two types of fees could occur: late payment fee or over limit fee. Learn how to avoid payment penalties here.
Bank statement codes you might find on your account statement:
- ATM - Automated teller (cash) machine
- CHQ – Cheque
- Charge – Charge for transaction
- D/D – Direct debit
- S/O – Standing order
- TFR – Transfer
- INT - Interest
You can see a full list of statement abbreviations here. (opens in a new window)
Take a look at the steps to follow if you’ve spotted an unusual transaction