——I can’t imagine what their monthly statement looks like-—
The monthly statement is a record of all purchases. The monthly payment is made from the bill pay convenience of the bank’s on line access point.
The funds in the account are by the way all directly deposited from various sources.
If the statement is paid before the due date, there is no charge for the service.
The electronic ledger that is the on line banking site contains and disburses all the electronic blips that is the real money of today. It is never touched by human hands
Understood. What I meant is that with so many incidental purchases on a daily basis, their cc’s monthly statement must be many pages long and look like ants crawling around on a picnic table.