How Long To Keep Credit Card Statements

Keeping up on your financial documents is a must to stay on top of your money. Today you will find out how long you should keep your Credit Card and Bank Statements.

For your credit card statements, you should plan on keeping them for a minimum of 45 days, up to 7 years.

Once you get your credit card statement, match it up to your receipts, if they match up then you can shred them. But if the charge was for business purposes, then you need to keep the statements for 7 years.

Now for your bank statements you should plan to keep them for one year to forever.

Here is how it works – Once a year, go through your checks and keep the ones needed for business and tax purposes. And you can shred the rest.

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