New Online Payment Management Tool from U.S. Bank

Good news for U.S. Bank customers: the company has a new online tool to help consumers make savvier choices about personal finances.
ScoreBoard is an online expense-reporting tool that gives folks access to trending and reporting data. They can monitor their credit card spending, compare it to larger consumer trends, and plan their future purchases. Easy-to-read graphs and charts show a clear picture of monthly spending, credit card purchases by category, and payments. Travel expenses, home improvement, and fuel spending can all be pulled out and tracked. Customers can also download their spending reports in HTML format, in Excel, or in PDF form.
Cliff Cook, senior vice president of payment services at U.S. Bank, said the tool is unique because customers can “gain insight into how their spending trends compare to previous years.” He said the service would help consumers make better financial decisions and plan for the future.
Credit card tools are a huge help online
Many credit card issuers offer excellent tools via their customer service pages and online account services pages. People with good credit can keep that credit good, and folks who need some help can easily find it. Things like debt calculators and balance transfer calculators let people figure out how much they’re paying in interest, how long it will take to pay off debts, and whether they can save money by doing a balance transfer.
Having good credit is a result of responsible credit card use; things like making payments on time, not maxing out your card, and having a long and solid credit history all help folks maintain a high credit score. Using online tools can help people track all these things, and empower them to improve their credit if they want to.
Paper statements going the way of the past
Now that so many people are becoming comfortable with logging into their accounts online, people have less need of actual paper statements from their companies. Online account centers can offer more information, in a more dynamic format, that the traditional paper statement.
Debit cards, prepaid cards, and credit cards can all generally be accessed online. Any information folks are used to finding on a statement they would have once gotten in the mail can easily be found online. And new tools like this one from U.S. Bank are making it easier and easier to access and manage your account, from anywhere.
Latest Credit Card Issuers News

Walgreens has recently announced its plans to enter the consumer financial services market. To be precise, the second-largest pharmacy store chain in the United States is going to start issuing credit cards and prepaid debit cards under its brand. The main reason for this expansion of the scope of activity is the losses incurred by […]

Very soon Apple fans will get an opportunity to purchase such devices as Mac, iPad, AirPods, the Apple Pencil, and more at a 0% interest payment plan. This weekend, Bloomberg shared the information that Apple Inc. was about to offer a 0% financial option on its Apple Card credit card by Goldman Sachs®. The new […]

In April, Mastercard conducted a global online survey aimed at studying changes in customer behavior during the COVID-19 outbreak. Now even going to the nearest supermarket for essentials may bode the risk of getting infected. Everyone seeks to be careful, observing hygiene measures to maintain health. Thus, it is natural that people’s buying habits have […]

The new COVID-19 virus had a significant negative impact on the economy of the whole world and the United States in particular. Many companies were forced to temporarily or even permanently close, thus leaving their employees with no jobs and livelihoods. However, fortunately, most major banks, lenders and credit unions have not left their customers […]

The two large regional banks, BB&T and SunTrust, are currently in a process of merging to create the sixth largest banking holding company in the United States. The new issuer, headquartered in Uptown Charlotte, North Carolina, was named Truist. According to the banks’ announcements, the merger is to bring more branches, ATMs and digital innovations […]