A linked credit card shows (for me at least) as available balance £0.
In reality, it’s something like -£500 or -£1,000 etc.
Plum is calculating savings based on all my positive figures, but my bank account is used to pay off the credit amount. But a) for the duration that my credit isn’t due, it looks like I have far more money to save than the reality (because of the impending credit payment) and b) Plum doesn’t even recognise that the credit card is in a minus amount… it always shows as zero.
Does this make sense? Basically Plum thinks I’ve got more to save than in reality, because it’s not factoring in that next week/next day/next fortnight I will be making a large credit payment. payment.
Not sure if this is entirely clear. I’m testing a few other apps and Emma and Yolt grasp the concept of factoring credit balance into overall available funds.
Hope this feedback is useful!