How often should cardholders reconcile their statements?

Cardholders should reconcile their statements monthly to ensure that all transactions are accurately documented and to identify any discrepancies or unauthorized charges promptly. Monthly reconciliation is a best practice because it allows cardholders to stay on top of their spending, monitor compliance with policy guidelines, and prevent potential issues from escalating. This regular review helps maintain the integrity of financial records and ensures that any errors can be addressed in a timely manner, which is crucial for efficient financial management and compliance with regulations. While other options suggest longer intervals for reconciliation, a monthly schedule aligns best with the needs for oversight and accountability in managing card transactions.