Not sure if anyone else who has a credit card with First Bankcard has noticed that the interest they charge you each month does NOT pull in with all your other transactions. And I’m pretty sure I know why (and it is NOT a Tiller issue).
Thanks for sharing this info. That’s really interesting that they don’t pull in that transaction. What’s your theory on that?
Theory is that when you go to your First Bankcard website and look at the list of transactions, Interest NEVER shows up there; you have to get it from your statement - and when you look at the statement, there isn’t any kind of date to tie or associate to that interest charged. Even when you “download” the transactions to a CSV file it doesn’t show up.
This is my only credit card that does this.
I agree with, @heather. It’s strange that essentially there would be an expense that is associated with the card that is not acknowledged in their account transactions.
@randy @heather … it’s true, and I’ve tried to call them out on it. The only place the interest shows up is in the account summary, and in the account detail it breaks it out from fees, but still doesn’t associate a date with it. When I’ve called them and asked about this, they said it’s calculated and charged on the last day of the statement cycle. When I’ve asked them why (when using open banking) does every other credit card I have import the interest with no problem, they said that 3rd party applications may not be set up correctly to pull that data (which I find really hard to believe).
The credit card is for a company called Northern Tool & Equipment, and is “owned”(?) by First National Bank of Omaha … and I don’t know how to make them understand what I’m trying to tell them, and don’t know who/which department to contact at the FNBO.
Thanks for sharing this info and sorry to hear your bank is giving an incomplete picture. That’s annoying