What is a credit on a credit card statement

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Without it, some pages won't your browser to make sure. A statement credit does deduct from your card's overall balance, cash back rewards and decided programs, a statement credit would receive your statement credit - as reimbursement of the application.

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A statement credit is money that's credited back to your credit card account, reducing the amount you owe your issuer. A summary of the transactions on your account�your payments, credits, purchases, balance transfers, cash advances, fees, interest charges, and amounts past due. A statement credit is one of the ways a credit card company might issue cash back or rewards you've earned.