Credit Card Payments from Bank Account

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Question:  My wife and I make most purchases with our Credit Card which I've added to my Mint account.  I also added my bank account that includes the payments we make to the Credit Card.  Are the payments we make to our Credit Card company included in the charts as expenses even though the purchases we make on the credit card are also part of our expenses?

Answer

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If you categorize both the payment from the bank account and the payment credited as "Transfer", the values will zero out.

Ex: You pay $50 on your credit card.  You will see a -$50 transaction from where you withdrew the money from your bank account.  You will also see a $50 transaction from the credit card receiving the funds.  Categorize both as "Transfer"

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