Before you start
Use this workflow for a revolving credit card balance you currently owe. A credit card liability is not the same as a credit limit, rewards balance, available credit or payment account. Enter the outstanding balance from the latest statement or card app so Net Worth shows the debt clearly instead of hiding it inside cash assumptions.
Detailed steps
Open Debts > Credit Cards and check existing card balances
Start in Debts and choose Credit Cards. Check the list before adding anything. If the card already exists, update the existing liability instead of adding another row. This keeps debt totals, Net Worth and Forecast from double counting the same balance.
Choose Add Debt > Credit Card
Click Add Debt and choose Credit Card. Use this option for ordinary revolving card balances. Use Loan only if the card balance has been converted into a separate term loan or installment facility with its own repayment schedule.
Review the Credit Card form before entering numbers
The form asks for card name, issuer or source, balance, currency, APR, maturity, payment amount and payment frequency. Balance is the current amount owed. APR is the annual interest rate. Payment amount is the recurring payment or minimum payment, not the balance.
Enter card name, issuer, current balance and currency
Use a name you can match to the statement, such as Travel Rewards Visa. Enter the issuer or statement source. Enter the current balance owed from the latest statement or card app. Do not enter available credit, credit limit, rewards points, monthly payment or original spending amount as the balance.
Enter APR, payment amount and frequency
Enter APR as a percentage, for example 21.49 for 21.49%. Enter the expected payment amount and choose the frequency. Leave maturity blank for a normal revolving card because there is no fixed final maturity date. Add a maturity only when the balance has a real installment or payoff schedule.
Save and verify the Credit Cards table
After saving, check the Credit Cards table. Confirm name, issuer, type, balance, APR, payment and maturity status. Seeing n/a for maturity is normal for a revolving card. If the balance looks positive in the table, remember that it still counts as a liability in Net Worth.
Review Debts totals after the card appears
Stay on Debts and check the Credit Cards total and the overall Debts amount. This helps you catch currency mistakes, duplicate cards or a balance entered with an extra zero before the number reaches dashboard views.
Open Net Worth and confirm the liability impact
Open Net Worth after adding a material card balance. Liabilities should increase and net worth should decrease by the card balance, after currency conversion if relevant. If Net Worth does not change, confirm the active portfolio and refresh the page.
Field guide
The card label shown in Debts.
Use a recognizable card name, not only credit card.The issuer or statement source.
Use the card issuer, bank or statement month when helpful.The outstanding amount currently owed.
Do not enter credit limit, available credit, rewards points or monthly payment.The statement currency of the card balance.
Keep the source currency unless the statement already reports a converted balance.The APR or annual rate for the balance.
Enter 21.49 for 21.49%, not 0.2149.A fixed end date when one exists.
Leave blank for normal revolving cards.Recurring expected payment or minimum payment.
Do not put the full balance here unless you really pay the full balance each period.How often the payment amount occurs.
Monthly is common for cards; change it only if your source says otherwise.How the balance affects your portfolio.
A card balance increases liabilities and reduces net worth.Decision rules
What it adds
- Keeps short-term debt visible in net worth and cash planning.
- Prevents credit balances from being hidden inside cash assumptions.
- Makes high-rate revolving debt visible for review and payoff planning.
What it does not do
- The app does not sync card transactions automatically.
- Credit limit is not the same as current liability.
- A card record does not calculate interest charges, rewards, statement closing cycles or minimum-payment rules.
Common mistakes
What to check
- Enter current balance owed, not available credit.
- Use high-rate notes when debt should be prioritized.
- Leave maturity blank for a normal revolving card unless the balance has been converted into a term plan.
Entering the credit limit instead of the balance owed.
Entering available credit as if it were cash.
Entering the minimum payment as the balance.
Using Loan for a normal revolving credit card.
Entering APR as a decimal rather than a percentage.
Adding maturity for a revolving card that has no fixed payoff date.
Adding the same card again after importing a debt statement.
Ignoring card debt because it is usually paid automatically.
After you save
- Check the Credit Cards table.
- Compare balance, APR and payment against the statement.
- Open Net Worth and confirm liabilities increased by the card balance.
- Open Forecast when the payment materially affects monthly liquidity.
- Open Capital Review if the card is high-rate, overdue, large relative to cash or newly added.
- Update the card after statement closes, a large payment posts or the balance is paid off.