Credit Card Payments
Whether you input your payments manually or record them with Direct Import, YNAB makes it easy to know exactly what you can afford for your payment – the amount Available in your payment category.
Need an overview of credit cards?
If you're just getting going with your credit cards in YNAB, check out Credit Cards: The Basics first! You'll be set up correctly from the start, and the more detailed information on payments here will be a breeze!
In this article
What to Pay
There's nothing you could read that would explain credit card payments better than the eighty-four seconds of this video. Pull up a chair and get comfortable (but not too comfortable, it IS only eighty-four seconds).
Want to see the effect of your payment before you make it? Go ahead and select that Credit Card Payment category, and you'll get a summary of what your balance will be, and how much debt (if any!) you're leaving behind.
Your credit card payments are now stress free, and you're now a whole lot closer to debt free!
Never Guess Again!
No matter which of the methods below you use to enter your payment, the amount you can afford to pay is always the amount available in your card's payment category.
Entering Payments Manually
- Check the amount Available for your given card.
- In your checking account register, click “Add a transaction.”
- Enter a transfer from your checking account to the credit card account. You're just shifting money from one account to another here, so no category is needed.
- Enter that Available amount from step #1 in the outflow field.
If you're using Direct Import, the payment you already made won't import as a transfer the first time. Left this way, the payment won't pull the money from your Credit Card Payments category. So:
- Select the imported payee. A drop-down menu will appear.
- At the top of the drop-down, you will see the Transfer payees listed.
- Select the appropriate transfer – if you're in your checking account, for example, "Transfer: Visa".
- Your transfer will now be seen in both accounts. If you've already imported the payment in the other account, it will have matched with this transfer and need approval.