You don’t have to check your bank statement every day, but it’s a good habit to check it regularly. This is especially true if you frequently use your debit card or make a lot of transactions.

Some banks, such as Discover® Bank, don’t charge a fee for this service; others charge anywhere from $2 to $5 or more. Banks and credit unions must send or make a statement available if you ...

Here’s how long you should keep bank statements. The time you should keep a bank statement depends on what it shows and why ...

A bank statement is a document that shows your transactions over a period of time. Most banks provide free bank statements online or mail paper statements to your home. You'll need to provide a ...

or make a case for claiming credits and deductions on a federal or state tax return. Lenders often require between one month and a year's worth of bank statements for loan applications.

If you haven't opted out of monthly bank statements by mail, keep them for a minimum of one year. If your account is online-only, review the deposits and withdrawals monthly to make sure they're ...

For example, if a lender looks at your bank statements and sees you have frequent overdrafts, it could indicate that you aren’t able to manage your finances to make a monthly mortgage payment.

Reconciling your bank statement serves several purposes. First, it helps you verify bank transactions, ensuring there are no mistakes. It lets you make sure you didn’t miss a payment or pay ...

A bank statement is a document that summarizes account transactions over a set period of time, usually a month. Many or all of the products featured here are from our partners who compensate us.