I'm wondering if anyone has made any progress with the Vanguard Cash Plus account: @baehrtime @Shannon M M @Steven Alford
I think a higher interest rate account for "pulled" bill payng makes a lot of sense so I am trng to hang on. FWIW My current account is NOT a linked checking account. It shows a register cash balance equal to what Vanguard shows and the same amount as "cash" in the holdings tab. The online center similary shows the same correct cash balance and zero holdings. There is also a quicken security called VANGUARD CASH PLUS which shows interest payments each month as aninvestment income transaction categorized as _intinc. When a bill is paid it downloads a withdraw transaction as one would expect. ( dont recall to what exent it named the biller as I only have one setup so I knew what it should be and categorized it as such)
The prolem, however is that when it pays a bill it downloads the withdraw as a well as a sell transaction which if I leave it in results in a negative securty value. So what I am doing is just deleting those sell transacdtions and planning to do that going forward. Are others doing something different?
FWIW, I have made my account rep aware that cash plus just does not work correctly with Quicken and he has assured me that he passes this information on to the appropriate people/group at Vanguard. I called the cash plus assistance number once and that went nowhere. Hopefully others are doing the same.
