Unlike other accounts, credit card detail information is required, such as “Billing Account”, “Settlement Date”, and “Payment Date”.
By default, the payment cycle is set to be begun every 1st of each calendar month
and ends on 30th/31st of each calendar month.
Money Manager enables automatically the billing cycle and on every settlement day, the amount that you need to pay on your credit card bill will be deducted from your billing account.
The overdue amount is presented in a grey color.
- Settlement date: every 1st
- Payment day: every 15th
- Today's date: the 10th of Mar.
Total previous amount: the past to 31st of Jan.
Expected payment amount: 1st of Feb. ~ 28th of Feb.
Outstanding amount: 1st of Mar. ~ 31st of Mar.
If you made a transaction of $100 by credit card, the Trans. and the Accounts tab are like below.
If today's date is 5th of Apr., the expected payment balance is counted from 1st of Mar to 31st of Mar. And the outstanding balance is from 1st of Apr. to 30th of Apr.
When you made a transaction of $200 by credit card, it will display like the below.
- Trans tab:
- Accounts tab:
On the 15th of Apr. (the payment date),
you can process settlement; Accounts tab > Credit card > Tab the Pay button.
The below screenshot shows the after making the settlement.
[ Paying your bills earlier than the scheduled settlement date ]
As regular payments, choose the card that you want to make a payment, tap the “Pay” button, and input the amount that you have settled earlier.