US Bank Home Equity Lines & Overdraft Line shows as Credit Card

I set up my HELOC as debit, but when I link, the Account is moved from Debit to Credit Card.  I believe this is due to the way that US Bank codes these accounts.  I was told to post here so Quicken Super Agent would contact US Bank.  Thanks
Quicken for Mac (Subscription)
Premier 2019
Version 5.110
MacOS 10.14.4

Loyal Quicken user since 1989

“A man hears what he wants to hear and disregards the rest.”
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  • Screenshot below.

    Whenever I link my HELOC the account is moved to Credit Card when it should be Debit.







    Quicken for Mac (Subscription)
    Premier 2019
    Version 5.110
    MacOS 10.14.4

    Loyal Quicken user since 1989

    “A man hears what he wants to hear and disregards the rest.”
    Simon & Garfunkel (The Boxer)
  • Quicken (Mac)

    Premier 2019

    Version 5.11.0

    Build 511.25626.100

    MacOS  10.14.4

    Quicken for Mac (Subscription)
    Premier 2019
    Version 5.110
    MacOS 10.14.4

    Loyal Quicken user since 1989

    “A man hears what he wants to hear and disregards the rest.”
    Simon & Garfunkel (The Boxer)
  • Jacobs, Thanks for you thoughtful reply and the link to the Quicken Employee reply.  
    Im not certain I agree with their logic as they have an Asset category called Debt (see screenshot), which is where Quicken listed my Home Mortgage.  I would have expected that the treatment/categorization of a HELOC would be the same as a Home Mortgage, but I never took and accounting class, so what do I know :)




    Quicken for Mac (Subscription)
    Premier 2019
    Version 5.110
    MacOS 10.14.4

    Loyal Quicken user since 1989

    “A man hears what he wants to hear and disregards the rest.”
    Simon & Garfunkel (The Boxer)
  • NotACPANotACPA SuperUser ✭✭✭✭
    edited April 10
    NO, you have Property (Art ... and Real Estate) and you have Debt (the WF Mortgage) ... but you were talking about "Debit" ... not Debt.  BIG difference.

    But, HELOCs are treated like Credit cards in Q, because you can post transactions against them to either increase, or decrease, the balance amount owed ... unlike in your Mortgage acct.
    Q user since DOS version 5
    Now running Quicken Windows Subscription
    Retired "Certified Information Systems Auditor"
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