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How to manage monthly credit card repayments?
How to manage monthly credit card repayments?

MoneyWiz doesn't yet support automatic repayment of due credit card balance but there is a workaround you can use.

Iliya Yordanov avatar
Written by Iliya Yordanov
Updated over 4 years ago

If you're using a credit card regularly, you need to pay the credit card debt off with your checking account on regular basis. You might be wondering how to reflect this charge in MoneyWiz.

Unfortunately MoneyWiz doesn't support automatic calculation of credit card amount due and automatic repayment of that amount just yet.

What you can do as a workaround is to go to Scheduled section and set up a new Scheduled transfer from your Checking account to your Credit account, leaving the Amount field empty.

When the payment is due, MoneyWiz will ask you to fill out the amount field and process the payment. You will just need to calculate the amount due and fill it in. We realize that this might not be the most comfortable solution but we are already working on making this much easier and more automated.

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