7 Benefits of Creating an Online Credit Card Account

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Most credit card issuers allow you to create an online account to quickly and easily manage your credit card account. You can create an online account at your credit card issuer's website in just a few steps - all you need is your account information.

Once you're registered, you may even be able to use your credit card's smartphone app to check your credit card account on your smartphone or tablet.

If you’ve haven’t signed up for an online account with any of your credit cards, you’re missing out on a bunch of great benefits and conveniences. Check out these seven benefits of creating an online credit card account.

View current and previous billing statements

If you’ve misplaced your current billing statement or you want to go back and look at a billing statement from a few months ago, you can log on to your credit card's online account and pull up the statement. You can even sign up for paperless billing and receive your credit card statements online instead of by mail. Your credit card issuer may only make a certain number of statements available online, 12 or 18, but you may be able to call if you need a statement older than that.

Monitor transactions almost real time

You don’t have to wait for your billing statement to come in the mail to catch fraudulent transactions. Purchases typically show up on your online account sometimes instantly, but at most within a few days.

If you’re regularly monitoring your account, you’ll be able to catch and report unauthorized transactions much quicker.

Pay your bill

You can check your next minimum payment amount and due date and make your credit card payment directly on your credit card issuer’s website. All you need is your checking account and routing number (unfortunately, you can't pay one credit card with another).

Depending on your bank and card issuer, you may be able to make a same day payment, allowing you to avoid expensive late fees.

Check your balance

You can log on to your online account before making new purchases or to confirm that recent payments or other transactions have processed. Your online account will reflect your credit card balance including transactions made within the last day or two. This balance is almost always more accurate than the balance listed on your credit card statement. Logging on to check your balance is much easier than calling your card issuer to check your balance because you don’t have to press a bunch of buttons or navigate a complicated menu.

View your rewards balance

The rewards balance listed on your credit card statement may not be the most up to date balance. Check your rewards balance by logging onto your online account. You may also be able to view your rewards history or redeem rewards.

Easy reporting for lost or stolen credit cards

It’s hard to report a missing credit card when the information you need to contact your card’s customer service is on the card itself. Logging onto your card issuer’s website will allow you to report a missing credit card and have a new one sent to you.

You can also check your account transactions to see if your card has been used since it went missing and call your card issuer to report these unauthorized charges.

Manage via smartphone app

Most major credit card issuers have a smartphone app for iOS and Android users. Visit the App Store or Google Play and search for your card issuer’s name to get the app for your credit card issuer. Once you’ve downloaded the app, you can login with your username and password to check your balance, make a payment, and most other actions you can take on the website.

Safety Tips

To avoid scams and prevent your login information getting into the wrong hands, always make sure you’re at the correct website and never enter your information into a webpage you arrived at by clicking on a link.

Never check your online credit card account – or any of your financial accounts – using a public computer or wifi.

There’s a risk that your login details can be intercepted and stolen.

Keep your login information safe and secure and change your password periodically to maintain account security.