Credit Card Cash Advances

A transfer from a credit card to a cash account—like your checking, PayPal, or savings account—is seen as a cash advance in YNAB.

With this type of transfer, funds leave your credit card (increasing what you owe on that card) and go to the cash account, where the inflow shows up as money Ready To Assign. Here's what happens:

  • the Ready To Assign number at the top of the budget increases, 
  • you owe that much more on the card, 
  • and the Credit Card Payment category Available remains unchanged. 

If you intended to create new debt, leave it this way.

Didn’t mean to create debt?

Budget the amount of the transfer to the Credit Card Payment category. For example, if your transfer was $20, assign $20 to the Credit Card Payment category now. 

It might be a good time to check that the Credit Card Payment category matches the account balance, if you plan to pay your card in full.

It's also important to note that, even when you budget for the cash advance, the overspending bubble in the account register will not go away until next month. This can be safely ignored, as long as the Credit Card Payment amount matches the payment amount you plan to make.

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