Tracking your credit card expenditure is important to manage your budget and to take control of finances. Such monitoring will also help in creating financial awareness.

The small repetitive expenses on a credit card may make an individual exceed his/her budget. Also, exhausting the balance of credit card would also reduce the creditworthiness of an individual.

Hence, it is crucial to know how to get credit card statement as it can help to track all expenses.

Few methods of tracking credit card spending are –

• Online monitoring

Customers should monitor their credit card account to track all expenditures and outstanding balance.

• Utilising SMS services

Few financial institutions also provide facilities to check credit card though SMS. Cardholders only have to frame a short command and send it to a particular number.

• Checking credit card statement regularly

There can be instances of duplicate payment transactions, which the cardholder may not be in a position to identify at that time. Regular checking of the credit card statement will allow the individual to take note of discrepancies in transactions, and take steps accordingly.

• Examining categories of expenditure

When the different categories of expenditure are examined, the cardholder will be able to determine where his/her money is going. If there is any undetected recurrent expenditure, the credit card holder can take the necessary measure.

• Enabling credit card transaction alert

The alert will help the credit card holder to take note of all transaction that takes place. In case of any unauthorised transaction, the customer will have the opportunity to immediately inform the credit card company, and prevent further misuse of the credit card.

By keeping up with the expenditures, cardholders will be able to get more from their credit card. They can avail cards like the Bajaj Finserv RBL Bank SuperCard that offers high rewards point and industry-first features to manage their budget even better.