Summary Statements for Business Credit Cards

This offering creates a new summary credit card statement format for use by business accounts. In a nutshell, transaction history for multiple credit card sub-accounts under a single business membership can be consolidated into a single credit card statement, making it easy for the business member to monitor and reconcile expenses on all of their individual business credit card accounts.

When monthly credit card statements are produced, if the new option is selected, that member’s statement envelope would include their normal account statement (if applicable) and a single, multi-page summary statement that lists each individual CC loan suffix and its transactions in a separate section.