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does credit on your bank statement means you have to pay or what?

Posted by cichealowenj1 cichealowenj1
Message 1 of 3 2,106 Views
On my bank statement, it says I have a total credits of $143.60. How did it happen and do I have to pay
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Re: does credit on your bank statement means you have to pay or what?

Posted by poseidon poseidon
Message 2 of 3 2,105 Views
Sounds like you've earned interest on your savings Smiley Happy Is it for a savings account?

If it's for credit cards it would mean you've paid back more than what you owe on the card.
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Re: does credit on your bank statement means you have to pay or what?

Posted by LyndsC LyndsC
Message 3 of 3 2,100 Views

Hi @cichealowenj1, total credits would mean the total amount of funds that have gone into the account during the statement period.

Like @poseidon has said, you may have earned some interest on your account, or this could be the any deposits you've made into your account depending on what type of account you have.

 

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