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What is CPC SCP on my Credit Card?

Written by Jessica Steer
When you get your monthly credit card bill, there’s a breakdown of all your different charges on your statement. Since there’s only so much room available on the statement, you’ll notice that some of the charge names are abbreviated.
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    This allows the credit card companies to fit all of the charges and give you a complete breakdown. 

    It’s important to check over your monthly statements to verify that you make the transactions. There are plenty of different abbreviations out there in regard to statement names, and this is just one of them. 

    CPC/SCP and What It Stands For

    The abbreviation of CPC stands for Canada Postal Corporation on your credit card statement. SCP refers to Societe Canadienne des Postes, which is the French translation. Instead of using the full name, these abbreviations are used instead. 

    It can take time to figure out what the purchase was made for. Still, this abbreviation is used for any transactions made with Canada’s postal service since they’re Canada’s main form of sending mail across the country and internationally. They have over 6,000 post offices and send both private and commercial mail. 

    Purchase That Can Be Made Through Canada Post

    Just because a purchase was made through Canada Post, that doesn’t mean the transaction was made in relation to a package. It could be in relation to a gift card purchase, money transfers, money orders, customs fees, or even delivery fees. You can also purchase boxes, stamps and envelopes from Canada Post. 

    That’s not it, though; it’s possible that something you purchased was shipped by Canada Post, and the charge was made for shipment fees. This often happens with cross-border purchases. Often customs or duty fees will show up this way. It’s most common when these additional costs are charged separately from your original purchase. 

    CPC SCP on a Bank Statement

    CPC SCP is a standard merchant code for Canada Post, not just on a credit card statement. It’s possible you’ll also find it on your bank statement. This is most common if you have a debit credit card such as a Visa Debit or a Visa Mastercard. This is because you're most likely to find charges you’re unaware of for online purchases. 

    What To Do If The CPC/SCP Charge Wasn’t Authorized

    If you’ve looked into the abbreviations on your credit statement and the amount of the purchase and still don’t recognize the purchase. The best thing you can do is contact your credit card company. 

    If you have an account with Canada Post, it’s possible that you won’t recognize the CPC SPC charge either. This is because some of the charges are automatic. If you don’t recognize the charge but aren’t sure if it is a fraudulent charge, you can contact Canada Post directly to help decipher the transaction. If they still don’t narrow it down, then the best idea is to report the transaction to your credit card issuer. They can look into the transaction and issue you a new credit card to prevent any more transactions. 

    About Canada Post

    Canada Post has been around for a long time, specifically since 1867 and was originally known as Royal Mail Canada. They became known as Canada Post in the 1960s. In 1981, it became a crown corporation when the Canada Post Corporation Act came into effect. This was done to secure the postal service’s security and independence. 

    Since it was originally created in the 1800’s, Canada Post has evolved a lot. You can organize your personal and business deliveries online as well as find postal codes and rates, find your postal office location and create a mail forward. You can also track your packages. 

    As a business owner with Canada Post, you can set up shipping and marketing promotions as e-commerce solutions. You can also have your credit card added to your account to help automate your transactions. 

    RCSS on Your Credit Card Statement

    As we mentioned, there are plenty of other merchant abbreviations that you can find on your credit card statement. Another common code that’s noticed is RCSS. Typically, RCSS stands for Real Canadian Superstore. It will show up like this for in-store purchases as well as online and pickup orders. If you see this charge and don’t recognize the purchase, the best thing to do is report it to your credit card company. 

    Other Common Abbreviations on Your Credit Card and Bank Statements

    Whether you’re looking into your credit card or bank statements, common abbreviations are used on your statement instead of merchant category codes. Here is a look at some common transactions you’ll see as purchases. 

    RD Canada InternetReader's Digest
    Koodo Telus
    PCSPremier Fitness
    CLKClick Bank

    Alternatively to purchase transaction codes, there are also common codes that can show you where your deposits come from. 

    Canada ProThis deposit is either from the Ontario Trillium Benefit or the Alberta Child and Family Benefit. 
    Canada RitThis refers to an income tax refund.
    Canada FedAny transactions that come up under this abbreviation are a child tax credit. 
    CHQTransactions that are made via a paper cheque. 
    PAYPre-authorized payroll deposits
    PENPension payments
    DIVDividend income
    Canada EIEmployment Insurance income deposits
    OASOld Age Security payments
    FAIFederal Climate Incentive payments
    GSTGST payments
    CDBCanada Dental Benefit
    CWBCanada Workers Benefit
    CAGAccess grants


    When it comes to credit card statements, it’s important that you pay attention to what transactions are being made and verify that they’re legitimate charges. Abbreviation codes are what identify those transactions on any of your banking statements. They’re different depending on where your purchases are made and can’t always be easily identifiable. This is especially the case with gas stations and grocery stores. Many people just verify it’s the same amount they spent and the time of the transaction. While the abbreviations can be tricky, they’re easier than specific codes that are numbers. These are more identifiable. 

    When it comes to the CPC SCP abbreviations, any transactions related to this abbreviation were made through Canada Post. These could be delivery charges, customs duties charges from an online purchase, or even just purchasing mailing and shipping materials. Canada Post even offers money transfers, and those can come up with the CPC SCP abbreviation as well. 

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