Credit Card Payment Options for Projected Balance Calculation (4 Merged)
Currently the Projected Balance takes your current Credit Card balance and uses that to project the spending for every future month. As such when reviewing projected balances it projects a false overall balance.
it would be great to have an option in the setup of a credit card account to indicate the payment option or preference.
Example:
pay in full --> only use the current CC balance for the next month of projection
pay in installments --> use $ figure to forecast when the balance will be paid off while considering the current spend
thank you
it would be great to have an option in the setup of a credit card account to indicate the payment option or preference.
Example:
pay in full --> only use the current CC balance for the next month of projection
pay in installments --> use $ figure to forecast when the balance will be paid off while considering the current spend
thank you
1

Comments
Thank you for taking the time to visit the Community with your question.
At this time, a balance column is unavailable for the Projected Balance screen.
Can you provide some more details on what you are needing to see? There may be a way to get you what you are needing.
Let us know!
As I accrue new credit card balance in everyday use, and I pay the full balance with every statement (which basically is a bill to pay), the Projected Balance curve in Bill and Income tab should reflect that dynamic change. Quicken Window has that capability but not Quicken Mac.
I have gone ahead and turned this post into an Idea thread to make this a feature request.
Other Quicken users may vote on this Idea and Idea posts are reviewed by our Development team.
Thank you for your contribution!
Hello All,
This Idea seems to have fallen stagnant and due to the Age of the request and lack of User Votes/Comments, will be archived within the next 7 business days.
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Thank you,
Quicken Community Support Team
E.G.
I have a card that is due on the 1st of the month. Here is how I used it:
Today (5/2) my statement comes out and says on 6/1 you will owe $100. I enter into my register a payment on 6/1 for $100. From today (5/2) until 6/1 I charge an additional $50 on the card. In the Windows version, my 7/1 balance would show $50. This is the new charge. My 8/1 balance would show $0. This is because I have a total of $150 in charges, and 2 payment which total $150 ($100 on 6/1 and $50 on 7/1).
Basically, I have it setup to always pay whatever balance is due on my next available scheduled entry. This is the way it works in the Windows Version.