How could we not?Of course I do. ....
i, and likely many here, would call that reconciling the credit card.
Over my lifetime, I've found a few things on credit cards that I didn't owe. Let me say, even if I gave myself just pennies per hour, the time spent was way more than I saved, so it's certainly a "waste of time".
Fraud, for sure, all three times. One time it was not penmanship, but rather a typo on my buddy's part. On a split bill, he accidentally gave the server a huge tip. So rather than have him scratch it out, I put a smaller tip on my card and handed him some cash. So everyone was square, but although the server was willing to accept being wildly over-tipped, he wasn't so accepting of being wildly under-tipped, hehehe! Thus, he became a thief. Another one was a server who gave severely poor service, but apparently felt entitled enough to add $10 to my low, but not overly insulting tip. The last one was good service and a 15%+ tip, but about doubled it. Maybe she had some bills coming due or something.
Thread caught my attention as this morning I just cancelled my AA card. Used to travel a lot and it had club access benefits but obviously those needs have shifted. When I saw the annual fee was unchanged ($450) I called to cancel. They tried to persuade me to stay with a $250 reduction in the fee (they told me everyone will get this as an account credit during the year, but somehow were only informing me now) or switching to a cheaper card with fewer benefits. Since I am not traveling in the near future, I declined. In the past year they also removed CDW for car rentals and stopped allowing card holders who were not booked on AA flights from entering the club. Makes me wonder how many customers are going to stick with that card.
Now I am in the market for a cheaper replacement, ideally no fee either annually or on foreign transactions (on the assumption I will travel again someday and all my other cards seem to levy that at 2-3%, which can add up). I suppose there's a free AA affinity card somewhere to keep my miles balance topping up but keeping up with credit card offers is a chore.....hoping this has no impact on my credit as I have 3 other cards but some of the numbers here make think I need a few more
I download transactions and reconcile every online statement in Quicken. I go through my cc receipts and then shred the ones that don't need to be saved long term. Part of my process is to assign categories that haven't been assigned automatically. Our spending history stays up to date via this method.
