How do transactions appear on bank accounts?
To begin I'm on a joint account with my parents. My dad won't give me access to the account, so i have to ask him how much money i have all the time. My question is, if i were to buy something from ebay, how would it appear on the account? For example, if you were to scroll through everything i bought, would it just say, "ebay.com" or would it say, "ebay.com/iphone 4"? I plan on buying something but i don't want my parents knowing what it is. I'm just wondering how it appears on the account.
It depends on how the person you are paying sends the information to the bank. So it may just say "eBay purchase" or it may say "eBay puruchase - the iPhone store - iPhone 4" for example. If your parents trust you enough to put you on a joint account, they will need to trust that you will buy things that they will have no problem with.
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