[GNC] How to Handle Mastercard Points

[R Losey]

If you want to track them (I don't track credit card points until I use
them, and then they show up as income as reward income), you could do as
follows:

Create a "MC Reward" (or whatever you choose to call it) asset category (I
have a placeholder Rewards account that it is under), and assign the
currency of that account to be something like MCP (MasterCard Points - or
whatever; this can be a made-up "Security"). Then, you can add points as
they accrue, and, when they are redeemed, you can take away the points.


On Mon, Jan 5, 2026 at 5:51 PM Jerry Criswell (JC) <jcriswell58 at gmail.com>
wrote:

> I'm reconciling the import of my Quicken file which shows the posting of
> points from MC as both a charge and a credit. This ends up as a zero
> effect instead as a payment.  To make this reduce the balance, what
> should the off setting account be?
>
> JC
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-- 
_________________________________
Richard Losey
rlosey at gmail.com
Micah 6:8