Check BoB Credit Card Statement: Using a credit card is very easy but at the same time keeping the track of your expenses is one of the tedious job. Therefore, this is the time when Credit card statement as your saviour. Therefore, the credit card statement is an important document that you receive at the end as it not just helpful for to keep your expenses details but, also for you check if there has been any fraudulent activity.
BoB sends credit card statements to its users each month so that you will have full report of how much you owe to the bank in the current month. In addition to it, they also provide you with e-statement that helps the customers to keep a tab on their credit-card Expenses. Basically, credit card Statement is the overall summary of the expenditure made by its users for a billing period.
Here we have mentioned some of the important terms you should know before you read a BoB credit card statement:
- Credit card statement period: This is a figure that indicates the number of interest-free days on your credit card. It is uncommon to be charged interest when you use your credit card if you repay the entire due amount within a certain time frame.
- Due date: This is the time period within which you have to pay either the minimum due amount or the total due amount. In case, there is a delay when it comes to making credit card payments, your bank might charge late fees and your credit score will be affected negatively.
- Total due amount and Minimum due amount: The total outstanding amount due is your entire amount is unpaid or due. The minimum due amount is the smallest amount you have to pay to avoid late fees, the deactivation of your card, and a negative credit score report.
- Charges: This is a section of your BoB credit card statement that lists the overall charges levied on your card. It is important to be attentive when you read this section since it will aid in verifying the legitimacy of any transactions listed on your card.
- Debit and credit transactions: The bulk of your BoB credit card statement is all of the debit and credit transactions from your card. Debit transactions represent payments made using your credit card while credit transactions imply refunds received.
Check, BoB Credit Card Application Status.
There are different ways in which you can check your credit card statement i.e., online or offline mode such as Net banking, Mobile App, E-statement, via SMS, Customer care number, or by visiting the near by branch of your credit card bank.
How To Check BoB Credit Card Statement?
Here we will give you step-by-step guidance to download your BoB credit card statement:
1. Through Net banking:-
- Step 1: Visit website of the BoB- www.bankofbaroda.in
- Step 2: Login to your account with the help of registered ‘UserID and password’.
- Step 3: Go to the ‘Credit Card’ option, from the homepage.
- Step 4: Choose ‘E-statement’ option, and Click on ‘View your statement’.
- Step 5: Then, Select the month from the list of archived statements and Download the PDF of your statement.
2. With the help of Mobile App:-
- Step 1: First thing to do is Download the BoB mPassbook App.
- Step 2: Next, Login to your account with the help of registered ‘UserID and password’.
- Step 3: Go to the main menu on the ‘Home Page’.
- Step 4: Now, Choose your account and the time period for which you wish to see the statement.
- Step 5: At the end you have to Select the mode in which you want your statement to be generated.
3. E-Statement:-
- Step 1: First thing to do is go to the BoB credit card e-statement portal.
- Step 2: Enter details like card number, date of birth, card expiry date and ‘Submit’ it.
- Step 3: Select the statement for the month you want it.
- Step 4: Then, the statement will be sent to your registered email address.
These are the few ways in which you can check your credit card statement.
Here we are going to mention the benefits of BOB Credit Card Statement:
- Easy Access: The BoB credit card statement is always accessible to you in whatever range of tenure you are looking for because the online statement can be downloaded from your banking app or your email.
- Zero cost: The BoB credit card bill statement is completely free of cost, you can download it for free and enable you to track your spending habits without paying a single penny.
- Can help your budget: When you regularly take a look at your BoB credit card statements, you can start to allocate certain amounts for certain types of expenditures. In other words, you can create a spending budget. This will not only organize your expenses but also allow you to work toward financial goals in the long term.
- Promotes financial discipline: A credit card statement will constantly remind you of your EMI due dates. This can promote you to pay your EMIs in a timely manner and boost your credit score by practicing good financial discipline.
Here we have mentioned few of the ways to check your BoB credit card statements and foe further information you visit there official website i.e., www.bankofbaroda.in and can contact them through their customer care helpline number i.e., 1800 5700.
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