Recently I received a brochure from Capital One’s credit card division that summarizes the changes made on their monthly statements, as a result of the new credit card regulations. All credit card issuers have made similar changes, therefore I thought that a visual representation of the “new credit card statements” would be helpful in showing everyone what to expect.

There are 5 types of changes:

1. A new account summary box to help you find the most important info at a glance: New Balance, Minimum Payment, Due Date.
2. Calculation of how long it would take to pay off balance if paying only minimum payments.
3. Clearly stated late payment warning to let you know what happens if your payment is late.
4. Two transaction columns on the 2nd page require less paper.
5. A separate section detailing fees and interest charged each month and early totals