Before you confirm, Details lets you set the date and add a fee (my bank charges $2) and a note. Afterward the bank account is down $302, savings is up $300, and net worth only drops by the $2 fee, because moving money between your own accounts doesn't make you richer or poorer. Transfers get their own tab in Activity, and Reverse transfer puts everything back, fee included.
Paid features shown: none. Recorded on a Premium account. Features and pricing can change; check the app for current details.
Transcript
0:00 Open a transfer
In this video you'll move money from one account to another, like putting part of your paycheck into savings. Tap the Quick Log button, then Transfer.
Transfer opens your accounts. Tap the account the money comes from, then Send.
0:17 Amount and destination
Enter how much to move. I'm putting $300 into savings.
From is the account you picked. To suggests a destination, here my Savings account. Tap Change to pick a different one. If you pick a credit card here, the transfer pays off the card. That's in the next video.
Tap Review transfer. Nothing is saved yet.
0:44 Add a date, fee and note
Tap Details to add more. The date is today. Tap it if the transfer happened on an earlier day.
My bank charges $2 for this, so I'll add a transfer fee.
And a note, so I remember what it was for.
1:02 Review and transfer
The summary shows $302 leaving the bank, $300 arriving in savings, and the $2 fee saved as its own expense. Tap Transfer.
1:12 What changes in your accounts
Back on Accounts, the bank account went down by $302. Net worth only dropped by the $2 fee, because moving money between your own accounts doesn't make you richer or poorer.
1:24 Find and reverse a transfer
Head to Activity and tap Transfers. Transfers aren't income or spending, so they get their own tab.
Tap a transfer to see the details. If you made a mistake, Reverse transfer puts everything back, fee included.
Next in Everyday Tracking, we'll use a credit card: spending on it and paying it off. Links to download Hunter Vault are in the description.
