How do you track credit card and airline points in Quicken?

darthvader

How do you track credit card and airline points in Quicken?

Chris_QPW

There is no built in way of tracking "points".  Anything one might come up with would be a kludge, and it would have to be manually updated.  I recommend you just use what the financial institution provides on their website/app.

UKR

If you absolutely want to track mileage and points in Quicken, you could do this:

• Create one or more manual investment account(s), "Mileage tracking and points"
• Create a Security, e.g., "Fly By Night Airline Mileage", Type = Other
• For each number of miles earned or redeemed, enter "Add Shares" or "Remove Shares" transactions, respectively, at a price per share of 0.00001 or 0.00 (to not inflate your net worth)
• Create additional securities for other airline miles or credit card points, as needed, and record your transactions. Use one account or separate accounts, as you wish.
  
• The account's Holdings View should show the number of miles or points recorded.
  
• You can also create a Portfolio View, customized to only show the mileage and point accounts, separate from your other investment accounts.

Note: Quicken Deluxe or higher needed for this function. Starter Edition does not support investment accounts

jtemplin

UKR's solution can be simplified if your credit card gives reward dollars (1 reward dollar = $1) that you redeem for statement credits (like my AMEX Blue): track the reward dollars manually using a Quicken cash account. When I get my AMEX statement, I enter a "receive cash" for the amount of the reward dollars I earned. When I spend them for statement credits, it's a transfer to my Quicken AMEX Blue account. And no, I don't mind that cash account appearing on my net worth statements because those rewards are cash I can spend at any time.