Credit card statements are not always the easiest things to read. To help you better understand certain terminology and how specific numbers and percentages play into your total account balance, follow this easy-to-read statement guide. Please note, this is an example of a Discover credit card statement. Not all statements will look the same, but each will include the same basic information.

Account Information
Included here are the last 4 digits of your account number and the open and closing dates this credit card statement applies to.
Account Information - Credit Card Statement
Account Summary
This section summarizes your transactions for this statement, including your payments and credits, purchases, interest charged, fees charged, balance transfers, and cash advances.
Account Summary - Credit Card Statement
Credit Line
Your credit line is your spending limit. Interest and fees may reduce the amount of your credit line that is available.
Credit Line - Credit Card Statement
Credit Line Available
This number indicates the amount of credit you haven’t yet borrowed and that is still available to you.
Credit Line Available - Credit Card Statement
New Balance
This number is what you now owe as of the statement close date. It is the amount of credit you have borrowed and have to pay off plus any finance charges.
New Balance - Credit Card Statement
Minimum Payment Due
You must pay at least this much of the total you owe by the payment due date. You may, however, pay more than the minimum, up to the total balance.
Minimum Payment Due - Credit Card Statement
Payment Due Date
If you don’t pay at least the minimum payment by this date, you will be charged interest on the amount you owe for missing a payment. Depending on your credit card terms, your interest rate may also increase and you could be charged a late fee.
Payment Due Date - Credit Card Statement
Your free FICO® Credit Score
Your FICO® Credit Score1 is a three-digit number that summarizes the positive and negative information on your TransUnion credit report. FICO® Credit Scores are the most common credit scores used by lenders to quickly assess your credit risk, and it can influence everything from car loans to mortgages to credit cards. Discover provides FICO® Credit Scores based on information from your TransUnion credit report on your statements and online so you can stay on top of your credit and avoid surprises.
Fico Credit Card - Credit Card Statement
Rewards/Cashback Bonus Balance
The cashback amount you went into the period with and how much you have accumulated in that period.
Rewards - Credit Card Statement
Payment Coupon
All your current payment information is repeated here. Include this coupon with your check if paying by mail and if you’ve moved, be sure to include your new address.
Payment Coupon - Credit Card Statement
Transactions
In this section, you’ll find a list of all your transactions, or charges and payments, you’ve made in the order of the date they occurred.
Transactions - Credit Card Statement
Interest Charge Calculation
Here, you’ll find how your APR, or Annual Percentage Rate, is calculated and what that rate currently is.
Interest Charge Calculation - Credit Card Statement
 

Legal Disclaimer: This site is for educational purposes and is not a substitute for professional advice. The material on this site is not intended to provide legal, investment, or financial advice and does not indicate the availability of any Discover product or service. It does not guarantee that Discover offers or endorses a product or service. For specific advice about your unique circumstances, you may wish to consult a qualified professional.

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