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Credit card page

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Credit card page

Assign your charges


Once your credit cards are linked, all of your new credit card charges will automatically upload on this panel. You can drag and drop a charge to assign it to one of your accounts. You can also select one or more charges and then choose the account from the dropdown menu and assign the charge(s) to that account. Your credit card payments upload and are automatically “assigned” to your Credit Card Payoff Account so that the money you’ve paid out is decreased from the balance of this account. As you assign your charges, Otto will calculate how much money you still have available in each of your accounts. Hover over the calculator icons to see these calculations. Click on the colored triangles next to each account to see all of the charges currently assigned to an account. You can click on the reverse button to “un-assign” a charge. If you do not have enough money in an account to cover a charge, you will not be allowed to assign the charge to that account. When you organize your income/make your transfer(s), all assigned charges and payments will be cleared from your accounts’ available balances.




Editing a charge


Click the “Edit” button in the top right corner of the panel to edit a charge..

  • Edit the description of a charge to make it easier to identify.
  • Click the Split icon to split a charge so you can assign it to two or more accounts.
  • If needed, you can also add a charge and enter the desired information.




Uploading Past Charges


When you link a credit card, Otto does not upload past charges. If desired, you can manually upload past charges.

  • Click the “Edit” button in the top right corner of the panel.
  • Click “Upload past charges” in the horizontal ellipsis button in the lower right corner of the modal.
  • Indicate the card and date range of the charges you would like to upload, then click submit.




Handling credit card charge returns


If you make a return or exchange using your credit card, you will have a negative charge to assign. You can only assign a negative charge if there is a positive charge of equal or greater value already assigned to the account. If the original charge happened in a previous month, you can assign this charge to your Credit Card Payoff Account. Please note, the app will not let the physical sub-balance of your Credit Card Payoff Account go below zero.




Handling reimbursements


If you will be reimbursed for a credit card charge, we recommend that you leave the charge in the Assign your charges panel as a reminder that you need to be reimbursed for this charge. Once the funds are reimbursed, put them in one of your accounts (you can even create a reimbursement account if desired) and assign the charge to this account.




Credit Card Tracker


The Credit Card Tracker focuses on the two areas that have the highest impact on your credit score.

  1. Otto ensures that your credit card balances are covered so you can always make your credit card payments on time.
  2. Otto monitors your credit utilization so you can keep it in the Good - Excellent range.
  • 0 - 10 % Excellent
  • 11 - 30 % Good
  • 31 - 50 % Average
  • 51 - 100 % Below Average
The sub-balance of your Credit Card Payoff Account adjusts as you assign your credit card charges to your other accounts. (See the Credit Card page for more information on assigning charges.) The goal is for the difference between your Credit Card Payoff Account and the current balances of your credit card(s) to be zero. This indicates that all of your credit card charges are covered. Occasionally the balance on your credit cards upload faster than your credit card charges. If this happens, please be patient, your charges will upload soon.




Deleting all unassigned charges


If desired you can delete all unassigned charges.

  • Click the “Edit” button in the top right corner of the panel.
  • Click “Delete all unassigned charges ” in the horizontal ellipsis button in the lower right corner of the modal.
  • Otto will ask if this is what you want to do, and if it is, click "Yes, delete."




Credit card payments, returns and cashback rewards


Credit card payments, returns and cashback rewards (all negative transactions) are automatically assigned to your Credit Card Payoff Account. If you would like to assign a return to the same sub-account as the original purchase, reverse out the return and reassign it to the desired sub-account. If the original purchase happened in an earlier month and has already been assigned and paid for, you can still assign the return to the desired sub-account. Please note that the return amount must be less than or equal to the current Total Assigned amount of the sub-account you wish to assign it to. If you would like to assign a cashback reward to a specific sub-account you can reverse it out and then assign it to one of your sub-accounts. Please note, that the cashback reward amount must be less than or equal to the current Total Assigned amount of the sub-account you wish to assign it to.