Keeping up with your account statement is crucial to managing your finances and maintaining good credit if you have a TFG (The Foschini Group) shop account. Your monthly TFG account statement provides you with a comprehensive overview of your account activities, regardless of whether you frequently shop at Foschini, Markham, Totalsports, or any of the several TFG stores.
What Is a TFG Account Statement?
Your TFG account statement is a monthly summary of your account activity. It details everything from your purchases and payments to your outstanding balance and minimum amount due. It’s sent to you via SMS, email, or post—depending on your preferences—and is designed to help you stay on top of your account.
It’s not just a bill. It’s a tool.
Key Sections of Your Statement
Here’s what you’ll typically find on your TFG account statement:
1. Opening Balance
This is how much you owed at the beginning of the statement period.
2. Purchases
All the items you’ve bought using your TFG account, whether it was a new pair of sneakers at Sportscene or a dress from Foschini.
3. Payments Made
This section shows the payments you’ve made toward your account during the statement period.
4. Interest & Fees
If you didn’t pay the full balance, you might see interest charges. You might also see service fees, depending on your account.
5. Closing Balance
This is the total amount you owe as of the statement date.
6. Minimum Amount Due
The amount you need to pay to keep your account in good standing.
Why Is It Important?
Reading your TFG account statement helps you:
- Track your spending
- Make sure your payments are reflected correctly
- Avoid interest charges by paying early
- Catch any suspicious activity or errors
- Plan your next purchase without going over your limit
Tips for Managing Your TFG Account
- Set a reminder to review your statement as soon as you receive it.
- Pay more than the minimum whenever you can to avoid paying extra in interest.
- Keep records of your payments and compare them to your statement.
- Contact TFG customer service if something doesn’t look right or if you have questions.
How to Access Your Statement
You can check your TFG account statement through:
- The My TFG World App
- The TFG online account portal
- SMS or email notifications
- Or by visiting your nearest TFG store
Final Thoughts
Your TFG account statement isn’t just another piece of mail—it’s a reflection of how you’re managing your store credit. Read it, understand it, and use it to stay in control of your finances. After all, being financially savvy doesn’t mean avoiding credit—it means knowing how to use it wisely.