Interest Credit credited to wrong account

Monthly interest is posted to my TD Bank account but, at the same time, an inactive Discover bank account is debited the same amount. When I delete the Discover bank entry, I also delete the TD Bank entry. This happens every month and I just realized the relationship.


  • splasher
    splasher SuperUser ✭✭✭✭✭
    edited March 1

    Check the category of the TD account, it sounds like it is the Discover bank account in square brackets [account name] which makes the transaction a transfer.

    If so, change the category to the appropriate category for that Interest deposit.

    This is probably happening because there is a Memorized Payee for the TD account with Discover as the category. Either delete the Memorized Payee or edit the category in it to be Interest.

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