Accounts and credit cards
Cards, cash, savings, credit cards, credit lines and overdrafts. What counts towards Safe to spend, how a card's statement becomes a bill, and keeping balances in step with your bank.
Kinds of account
In Settings → Accounts you can add:
- Card or cash: your everyday money. A card or current account can have an overdraft.
- Savings: money you keep aside.
- Credit card: spending you pay back from a monthly statement.
- Credit line: a bank credit line or a loan account you draw from, paid back on a day each month, without a statement.
Each account has its own currency. Spending on an account in another currency is kept in that currency and converted for your budget at the day’s rate.
On budget or off budget
An account on budget takes part in Safe to spend; one off budget is listed with its balance but never counted as spendable. Keep savings off budget.
Credit is never counted as money you have: on budget, what you owe on a card or a credit line is taken off the second figure, After credit cards (see Overview and Safe to spend).
How credit looks
Everywhere in the app, a credit card or credit line shows:
- what you owe (“€268.40 owed”), not a negative balance;
- what’s available of the limit (“€1,731.60 available of €2,000.00”), or how far you’re over it;
- a thin bar that turns amber above 30 % of the limit and red above 90 % or over it;
- “€30.00 in credit” when you’ve overpaid, “Nothing owed” at zero.
The Overview’s account list ends with On budget accounts and Owed on cards, and pickers (Quick add, Import, Transfer) mark a card as “Credit card”.
Setting up a credit card
Open the card in Settings → Accounts:
- Balance, typed the way your bank’s app shows it, without a minus. Choose Available (what you can still spend; what you owe is the limit minus it) or Owed (what you owe). Under the field you see how it’s read: “€420.00 owed · €1,580.00 available of €2,000.00”.
- Limit and statement day (the day the statement closes).
- Payment due: on a day of the month, or N days after the statement closes.
- Minimum payment: a percentage with an optional floor (5 %, at least €25), a fixed amount, or none.
- Interest (%): optional, with Charged: A month or A year, the way your bank writes it (Ukrainian banks often give a monthly rate, such as 3.1 %). Rates saved before stay yearly. With a rate set, the app shows what paying only the minimum would cost, and the interest the bank will charge appears ahead in Bills (see below). Pay the full statement by the due day and there’s usually no interest.
- Pays from and usually pays: the account the payment comes from, and whether you usually pay the full statement, the minimum or a fixed amount.
- Safe to spend counts card spending: the day you spend (the default: the money is as good as gone) or when the statement is due (spending waits for the statement, then the statement is a bill in the month it’s due).
A credit line has the same settings without the statement: limit, payment day, the minimum on what’s owed, interest, pays from. It always counts the day the money is spent.
An overdraft is set on a card or current account (“Overdraft (EUR)”). Below zero it reads “€150.00 into overdraft” and “€350.00 left of €500.00”, with the same bar. The overdraft is debt, never extra money.
Paying a card
Once a statement closes, the payment is a bill on its due day: “Visa payment”, tagged Card, with what’s left of the statement and the minimum. After the due day it says Overdue · interest likely.
Tap the statement’s row in Bills: Pay offers Full, Minimum or Other. It records a transfer from the pays-from account, so nothing counts as spending twice. (Needs attention on the Overview takes you there with Open in Bills.)
A card in another currency (say UAH while you budget in EUR) works the same: its statement is in Bills at today’s rate with the card’s own amount next to it, the minimum is in the card’s currency, and Pay is in the card’s currency too. Paying from an account in another currency uses the day’s rate.
- Anything that reaches the card after the statement closes counts towards it: a payment from the app, a transfer found in an import, a refund.
- Pay it automatically on the due day (in the card’s settings, with a pays-from account): from 06:00 your time the usual amount is paid, once per statement. If it fails, it’s retried and the reason shows in Bills.
- Reminders: “The Visa minimum is due tomorrow” in Needs attention, and notifications before the due day (see Offline and notifications).
Interest, ahead of time
With an interest rate set, Bills shows the interest the bank will charge as an expected payment, Interest ·
- when: on the statement day for a card, on the payment day for a credit line, otherwise on the 1st;
- how much: what you owe today × the monthly rate, without compounding. A card in another currency is converted at today’s rate.
It lowers only the second figure on the Overview, After credit cards. Tap it to open the card’s settings.
Card statements in Import
Import a card statement like any other (see Import from your bank), with a few extras:
- Some banks write purchases as positive numbers. If a file looks that way, Import offers Flip the signs and remembers it for the account.
- A card payment appears in both statements (money out of your current account, money in on the card); the two become one transfer. A payment you recorded with Pay is replaced by the bank’s line instead of being imported twice.
- Interest and fees go to your interest or fees category, or a new Interest & fees category the preview tells you about.
Balances
When you type an account’s balance, the app remembers the date. For a credit card, type the number your bank’s app shows, without a minus, as Available or Owed (see above). Everything dated before it is treated as already included in that figure.
If the app and your bank disagree, use Reconcile with your bank on the Overview: type the bank’s balance, then set it as the new balance or record the difference as a “Balance adjustment”.
Needs attention also tells you when an account goes below zero without an overdraft, or past its overdraft.