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It’s always a good idea to review your credit card transactions to make sure all charges are legitimate. There are all sorts of scammers out there looking to make unauthorized transactions on credit cards belonging to other consumers. But sometimes unrecognizable charges on your statement might be legitimate, including those named “CPC” or “SCP.” 

What are these charges, and why are you seeing them on your credit card statement?

What Is A CPC/ SCP Charge On A Credit Card?

A CPC or SCP item on your credit card is a charge from Canada Post. This charge may appear on your credit card when: 

  • You purchased a product or service from the postal operator.
  • Canada Post provides a service as part of a purchase you made that was not charged in your original transaction.

What Does CPC/SCP Stand For?

The CPC stands for Canada Post Corporation, and SCP is short for Societe Canadienne des Postes in French. 

Why Does A CPC/SCP Charge Show Up? 

Canada Post may charge you for a handful of reasons. While it could simply be from a purchase made directly with the postal service. A CPC or SCP charge could also be for something such as customs duties or shipment costs. 

This is especially true if you purchased something from outside of Canada, in which case charges may be made when the item crosses the border. If these particular charges were not included in your original transaction, you could pay an additional fee. This is when you’ll see on your credit card statement as a CPC/SCP charge.

That said, these charges can also be associated with domestic shipments. In this case, the charges may cover shipment fees and other miscellaneous services associated with your delivery.

What Kind Of Purchases At Canada Post Show Up As CPC/SCP?

Canada Post offers several products and services and may show up as CPC or SCP on your credit card statement. Such charges may cover any of the following: 

  • Customs duty fees
  • Shipment fees
  • Gift cards
  • Stamps
  • Boxes and envelopes

Other Common Store Abbreviations

Canada Post isn’t the only entity whose charges will show up on your credit card bill as an abbreviation. Many other merchants and services are often abbreviated, which you may not immediately recognize. Some of these may include the following:

CANADA PRO. This charge refers to the Canada PRO Deposit, which provides tax credits to eligible residents of Ontario and Alberta. 

Canada RIT. The Canada Refund Income Tax is money the government gives back after you file your income taxes. 

TM. This acronym stands for Ticketmaster. If you have purchased tickets for a concert or event through this marketplace, the charge may show up on your credit card statement as “TM.”  

MSFT. This stands for Microsoft. The technology company may charge you for subscriptions or other products or services you purchased with your credit card. 

CIC ONLINE/CIC EN LIGNE. This stands for Citizenship and Immigration Canada Secure Online Services. This allows clients of Immigration, Refugees and Citizenship Canada (IRCC) to securely check on the status of their citizenship application online. Immigration and citizenship applications come with a fee, which you may see on your credit card statement under CIC ONLINE or CIC EN LIGNE.

Final Thoughts

Many charges on credit card statements can be obscure, especially if they’re listed as an acronym or a set of numbers. One such charge you may be unfamiliar with is CPC/SCP, which refers to a charge from Canada Post. 

You may have had a shipment delivered by the postal service, or you may have bought a physical product, like stamps, envelopes, or boxes. But if you don’t recall dealing with Canada Post, reach out to your credit card issuer to find out if you were charged in error.

CPC/SCP Charges FAQs

What is CPC/SCP on a credit card statement?

A CPC/SCP charge on a credit card statement is from Canada Post. You may have ordered something that was shipped by this postal service. Or, you may have purchased another product or service unrelated to a shipment, such as stamps or packaging.

What should I do if I don’t recognize a CPC/SCP credit card charge? 

If you don’t remember purchasing a product delivered by Canada Post, call your credit card provider to find out why you’re seeing this charge on your statement.  

What is a merchant category code?

Credit card issuers assign four-digit merchant category codes as a way to classify vendors in Canada, such as gas stations and supermarkets.
Lisa Rennie avatar on Loans Canada
Lisa Rennie

Lisa has been working as a personal finance writer for more than a decade, creating unique content that helps to educate Canadian consumers in the realms of real estate, mortgages, investing and financial health. For years, she held her real estate license in Toronto, Ontario before giving it up to pursue writing within this realm and related niches. Lisa is very serious about smart money management and helping others do the same.

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