Need Alert when Credit card charge amount hits 10% and 30% of Credit Limit

CowboyNav1
CowboyNav1 Quicken Windows Subscription Member ✭✭✭
edited October 11 in Manage Accounts and Transactions

Since charging up to 10% and 30% have an impact on your credit score, it would be great if the credit card account amount in the account list could be highlighted or, when a credit card account is opened, the user would be notified that they are above either of those two levels. Even better, like on the Reconcile page, having a heads up that the card will breach either limit in the future would be awesome. Thanks for considering….

Tagged:
4
Up
4 votes

Reviewed · Last Updated

Comments

  • Jim_Harman
    Jim_Harman Quicken Windows Subscription SuperUser ✭✭✭✭✭

    Take a look at Tools > Alerts > Credit card limits. There you can set a dollar amount (sorry, not a percentage of the credit limit) where you will get an alert.

    QWin Premier subscription
  • CowboyNav1
    CowboyNav1 Quicken Windows Subscription Member ✭✭✭

    Yes, having that alert is good. Just thinking improving this to a passive (vs manually setting) would make good use of the computer power (vs us lazy users). Additionally, a key alert that is more than a pop-up or text in alerts would be better. Whether it be on the Dashboard, Account list, or Account page, a flag/icon or highlighted total amount once it is either one of those percentages would be a more proactive notice to then allow the user to address or just be aware. Thanks for the feedback.

  • ChicagoGuy
    ChicagoGuy Member ✭✭✭

    I like the idea of an alert regarding credit limit usage, but why an amount vs a %. The % is important as it can affect my credit score. Would also be helpful get an alert when credit usage across all accounts exceeds a %. Again, it affects your credit score. I think a user would have to indicate which accounts to include in calculating % usage across accounts

Categories