Checking credit card statements

Questions on how we spend our money and our time - consumer goods and services, home and vehicle, leisure and recreational activities
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Re: Checking credit card statements

Post by GerryL » Mon Aug 12, 2019 5:32 pm

Each month I print out each statement and manually enter the information into Quicken. It takes a little time but I always have a handle on where my money is going and I have a long history of spending patterns/trends.

I can't recall ever finding an error, but I have twice found errors on my bank statement where withdrawals were erroneously made from my account. Two different banks in two different states. Relatively small amounts but Yikes.

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Re: Checking credit card statements

Post by FGal » Mon Aug 12, 2019 6:04 pm

ARoseByAnyOtherName wrote:
Sun Aug 11, 2019 8:47 pm
FGal wrote:
Sat Aug 10, 2019 5:06 pm
I check my purchases every day practically. I use budgeting software (like Mint or YNAB) and my credit card charges pop in either within the hour of the charge (most of my cards), or at most a day or two (one card is super slow) after.
What budgeting software do you use?

I use YNAB and it feels like it takes a day or two for purchase to show up.

Mint, but I have a feeling it's more about the specific cards than anything to do with the software. We use 3 cards regularly, and two of them seem to pop in same day - even within an hour or two sometimes - unless it's the weekend (but even then, they're there more than not!) but one card always takes at least 2 days for charges to finally show up.
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Re: Checking credit card statements

Post by aristotelian » Mon Aug 12, 2019 6:37 pm

I always do a quick scan. They usually do a good job of detecting outright fraud, but I have caught some suspicious items, usually involving sneaky recurring charges. Sometimes it is our fault but sometimes not (Amazon Prime took *years* to get out of completely).

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