Were changes recently (since April) made to the way credit card payments are handled/posted?

I joined YNAB in January of this year.  I absolutely LOVE it!  However, today I am a bit confused by my credit card payments...

In the past few months, the only amounts that showed up in the credit card payments section was how much I budgeted for my monthly payment, and after I made the payment it would show $0 available.  All of the sudden, this month I am showing a negative (on the two cards I have been using) and all of my transactions are obviously included along with the payment.

So I'm just trying to figure out if YNAB made a change to the software/process of credit card payments.  I "get" the amounts, but I just can't figure out why it would be different from all the other months prior.  

Thanks for any help!

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  • I wonder if you had a refund about the time of the change you noticed.  Are you carrying debt, on the float, or PIF (Paid In Full means you could pay the whole balance down to 0 whenever you wanted, because your CC category "available for payment" equals (as a positive number) your CC's (negative) balance)?

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    • Move Light Sound Life thanks...I am, and have been carrying debt on the card since I started in January.  I'm also on the float at this point.  So, I just can't figure out why the process seemed to change all of the sudden between my April monthly payment and my May monthly payment. 🤷🏼‍♀️

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    • Move Light Sound Life  Thank you again for your input.  I can't seem to figure out the math lol, but I was just able to $0 out my balance.  So it must have been user error and I guess it has something to do with a return(s).  Thanks!!!

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    • Turquoise Welder 

      I'm glad you figured it out!  There are a few moving parts, but after reading (and processing) again, I would have to agree with dakinemaui  that the culprit was credit overspending, somehow. 

      Since you said you were both carrying debt and on the float, it's really likely that, since April, you've had less spending on your card than normal, which reduced the amount you can float on your card, in relation to the budget (I assume that's what you're talking about, if you have debt and are floating - do you have overspent categories until you get paid, then fill them up? I would consider that floating the budget.  FYI, after you've paid down that excess debt, it's possible to float on the credit card without floating the budget).

      But, no worries, since you got your available balance back to $0!  A tip for the future: make sure your CC payment category has the amount you want to send to the CC before you make the payment.  Then it won't go negative. :)

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  • I suspect it's the opposite since you are showing a negative. Credit/yellow overspending in a previous month causes the Payment category to have an insufficient amount to cover the entire account balance. If you paid that much anyway... well, there you go.

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    • dakinemaui Ah, I was thinking the OP was talking about the activity column rather than the available column!  Whoops!

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    • Move Light Sound Life Would you both believe that the amount ($45.57) I charged to my Freedom card and keep trying to budget for, will NOT go onto my Freedom card...It keeps, automatically, budgeting to a Citibank card!  I have someone from YNAB looking into it for me :). I'm sure she will be able to figure it out!  At least now I know it isn't user error LOL

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      • dakinemaui
      • dakinemaui
      • 2 mths ago
      • 2
      • Reported - view

      Turquoise Welder There is a known issue involving inflows to a category that has spending from multiple cards, but that's not something that will likely be fixed soon. I would just manually move funds from one card's Payment category to the other.

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    • dakinemaui OK then!  I guess it's not just me then!  :)

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  • Turquoise Welder said:
    I'm also on the float at this point

    If you are on the float, then you should be paying the statement balance near the due date rather than the entire account balance. This leaves some funds available for the following month which will compensate when spending is slightly lower than normal.

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    • dakinemaui  Unfortunately our spending has not yet gotten to that point!  I can't wait until it does!  At this point I'm just trying not to put as many things on my credit card as I can.  But some can't be helped!  Thank God for YNAB!  I think it's going to save us stress and worry and will help us to be able to plan better for future spending! :) 

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      • dakinemaui
      • dakinemaui
      • 2 mths ago
      • 1
      • Reported - view

      Turquoise Welder FWIW then, you are not "riding the CC float" since you are incurring interest. Paradoxically, it may be your practice of not using the card that is causing you to have to pay interest. 

      If you're interested in exploring how to reduce interest by riding the float, I'm happy to help explain further. If you're willing to share specifics it might be clearer: a) what your statement balance is, b) what amount you could put on the card consistently each month (i.e., all normal purchases like groceries/gas/etc. that do NOT necessarily have to be paid in cash), and c) whether you might have more than one card available to you.

      I wouldn't intentionally ride the float without YNAB -- the stigma that's attributed to doing so by financial "gurus" is probably justified -- but YNAB really is a game changer making it trivial to do so safely.

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