But we have some helpful tips for you if you’d like to keep some purchases discreet. We also consulted financial experts to learn some of their clever suggestions.
No, you can’t. Any purchases you make using your credit card will show up on your account for that month’s statement. Safety and security is the main reason for this — if you could hide credit card purchases, it would be much easier to hide instances of credit card fraud.
Thankfully, only the name of the vendor and purchase amount will show up on your statement balance. So while a loved one could tell that you made a purchase from a certain retailer, they won’t necessarily know what you purchased.
If you really need to hide a purchase, such as when buying a gift or something highly personal, you do have a few options:
You might be self-conscious about your credit card spending, but it’s important to remember that as long as your purchases are legal and you make at least the minimum repayment every month, the bank doesn’t care how you’re using your card.
This is good to know, considering plenty of people use their credit cards for some, let’s say, private purchases. In fact, online shopping for sex toys grew greatly over the course of 2020, with some online retailers reporting a 30% increase in sales compared to the same period last year according to a report from the New York Times. While this kind of purchase might be embarrassing for some, they’re perfectly legal so you shouldn’t have any insecurities about your bank seeing them on your statement.
We spoke to financial experts across a variety of fields to understand their approach to hiding those naughty or private purchases.
“Amazon gift cards all the way,” says Janet Patterson, VP of Marketing Communications for Highway Title Loans and feature editor of its lending blog. “This might take a little more time, but it’ll be worth it. Purchase an Amazon gift card through your credit card according to your budget and just use it up for whatever gift you want. Your credit card statement will show an Amazon gift card purchase rather than the actual gift you went for.”
Bradley Stevens, Business Coach and CEO at LLC Formations seconds Finder’s Paypal recommendation. “You can send and receive money by just using your email address …it is even possible to pay businesses by taking money from either your credit card or from your checking account. So since these purchases and payments aren’t directly being paid from the card, they won’t show up on your statement either. The statement will only state “PayPal” and no other details.”
Stacey Caprio of Deals Scoop has a high spec suggestion for hiding your purchase: “One way to hide credit card holiday gift purchases from a partner is to open a new credit card using a different card provider just for the holiday season and purchase your gift using the new card. Then your partner won’t have access to this card or even know it exists, making it easier to hide the purchases.” Of course, you’ll likely only want to consider this if you’ve been planning to open a new card in the first place.
Back to top“Shop at a discount retailer like Homegoods or Marshalls,” offers Andrea Woroch, money-savings and family finance expert, and writer. “These stores sell just about everything, from toys to clothing to beauty supplies to home goods and even electronic accessories. Not to mention, these stores don’t have a set inventory of specific brands and products so that means your partner will have no idea what you bought from those stores. Even itemized receipts are vague listing product categories rather than the actual brand or product name.”
Plus, how many credit cards should you have?
Credit cards can do more harm than good if you’re not careful.
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How can I hide the balance on my bank statements?
Hello Fe,
Good day! Appreciate you contacting finder regarding your inquiry today.
Generally, information reflected on your bank statement cannot be altered as it records all your transactions and documents cannot be simply changed. This is why this page you have accessed only discusses a comprehensive guide and tips on how one can hide credit card purchases either by using other modes of payment or by hiding it physically. It would be best if you directly speak with your bank to generally inquire on how to go about it as they may have some exceptions in relation to hiding the balance from your bank statements.
Hope this helps!
All the best,
Ron