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cichealowenj1
cichealowenj1
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does credit on your bank statement means you have to pay or what?
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Posted by cichealowenj1 cichealowenj1

on ‎03-12-2015 05:13 PM

Message 1 of 3 1,490 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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poseidon
poseidon
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Re: does credit on your bank statement means you have to pay or what?
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Posted by poseidon poseidon

on ‎03-12-2015 08:46 PM

Message 2 of 3 1,489 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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LyndsC
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Re: does credit on your bank statement means you have to pay or what?
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Posted by LyndsC LyndsC

on ‎04-12-2015 12:08 PM

Message 3 of 3 1,484 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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© 2017 Copyright Bankwest, a division of Commonwealth Bank of Australia (Bankwest) ABN 48 123 123 124 AFSL / Australian credit licence 234945. All rights reserved. To use this Website, you are required to read the Financial Services Guide (which you agree to be provided by accessing the link). Bankwest is a division of Commonwealth Bank of Australia, which is the product issuer unless otherwise stated. Rates stated are subject to change without notice. Any advice given does not take into account your objectives, financial situation or needs so please consider whether it is appropriate for you. For deposit and payment products, please ensure you read and consider the Product Disclosure Statement (which you agree to be provided through this link) before making any decision about the product(s). For lending products, lending criteria and fees and charges apply. Terms and conditions apply and are available on request.