If you see the abbreviation “DR” on your ASB bank statement, it stands for “debit”. This means that the amount listed is a deduction from your account balance.
What are the different types of debits that can appear on my ASB bank statement?
There are a number of different types of debits that can appear on your ASB bank statement, including:
- ATM withdrawals: When you withdraw cash from an ATM, the amount of the withdrawal will be debited from your account.
- Point-of-sale (POS) purchases: When you make a purchase using your ASB debit or credit card, the amount of the purchase will be debited from your account.
- Direct debits: If you have set up a direct debit, the amount of the direct debit will be debited from your account on a regular basis.
- Bill payments: When you pay a bill through ASB Bank, the amount of the bill payment will be debited from your account.
- Bank fees: If you are charged a bank fee, the amount of the fee will be debited from your account.
- Interest charges: If you have an overdrawn balance, you may be charged interest on the amount of the overdraft. The amount of interest charged will be debited from your account.
How can I avoid debits from my ASB bank account?
The best way to avoid debits from your ASB bank account is to keep track of your spending and make sure that you have enough money in your account to cover your expenses.
You can also set up alerts so that you are notified when your account balance falls below a certain amount.