statement credit

Balance reduction applied

A statement credit is an amount applied to a credit card or other account balance, reducing what you owe.

It appears as a negative charge on your statement.

Statement credits come from returned purchases, rewards redemptions, promotional offers, or billing dispute resolutions: I got a $50 statement credit for signing up.

Related

reward points · points · sign-up bonus · welcome bonus · balance · account balance · account · billing cycle · discount · adjustment · cardmember · perk · benefit · offset · deduction · voucher · compensation · redemption

Categories
Opposites
transaction direction

statement creditcharge

Cost or accusation

debit · finance charge · fee · interest charge · late fee

form of value return

statement creditcash refund

Payment for returned goods

cash back · wire transfer · money order · direct deposit · cash payment

Family

statement, credit, state, stated, stating, states, statements, stately, statesman

Familiarity
Top 500,000
Profile
Used worldwide · Timeless · Positive · Rated G