Automatic Credit Card Interest & Fees Calculations and Scheduling

I want to be able to setup scheduled transactions that will account for credit card interest and fees when user is only making minimum payments required and if user is not receiving a special zero-interest promotional offering.

Here is an example of what I mean:

The user has submitted a minimum credit card payment of $25 on 02/05/2020.

After that payment, the credit card balance is now -$200.

Using the present APR value of the credit card, automatically schedule what the future interest charges will be and when. If APR is currently zero due to a temporary promotion, then do nothing.

If user has not submitted payment yet and is officially late, then download credit card specifications and conditions, and schedule what the upcoming late fee will be if left unpaid.
3 votes

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  • Quicken_Tyka
    Quicken_Tyka Moderator mod

    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.

     If you would like to see this Idea kept alive and considered for possible future implementation in Quicken, be sure to Add your Vote and a comment explaining how this Idea would be beneficial for you.

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     Thank you,

     Quicken Community Support Team

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