What does Account History provide?

Account History provides the payment history of an account over a specified period. This information is crucial as it shows the account holder’s previous payments, any missed or late payments, and overall account activity within a defined timeframe. Understanding this history helps account holders manage their finances effectively, as well as keep track of their payment behaviors, which can be useful for budgeting and financial planning.

Payment history is essential in evaluating an account's standing, as it directly affects credit scores and overall perceptions of financial responsibility. This information is often used by financial institutions to assess creditworthiness for future loans or credit products.

The other options, while related to account information, do not accurately reflect what Account History encompasses. It does not merely provide the latest transactions, a summary of interest rates, or details about previous account ownership. Instead, it focuses specifically on the timeline of payments and financial interactions associated with the account in question.