In Goals, can the promo rate APR expiration year options be updated to include 2016? And can this feature be enhanced to reflect how promo APRs work at Discover?
The goals section, in the pay of credit cards area, needs to be updated to allow entry of promotional APRs that expire in 2016. Presently, the only options are 2014 and 2015. But I have several 0% APR offers that expire in 2016. Please update the drop-down lists accordingly.
Also, the credit card payoff UI does not allow users to enter multiple concurrent tranches of promotional balances on one card. For example, I have 3 tranches of promo APR offers on my Discover card, each with different balances and expiry dates, e.g.,
- $XXX at 0% APR until 6/27/15,
- $YYY at 0% APR until 10/27/15, and
- $ZZZ at 0% APR until 6/27/16.
These tranches work such that any payments I make are applied in order of the balance that is next in line to expire (6/27/15 in my case). The Mint UI for the payoff credit card goal only lets me pick one of these promo APR expiration dates. This makes it impossible for your debt payoff recommendation tool to give accurate advice.