NEXO

How do I pay off a credit card or credit line?

  1. On the Wallet tab, open the credit card and tap Repayment.
  2. Under Repay from, choose the account you're paying with, e.g. your bank card.
  3. Enter the amount. NEXO shows the Outstanding balance, and you can't pay more than that.
  4. Add a Transaction fee if your bank charged one. NEXO shows the Total to deduct.
  5. Pick the Repayment date and confirm.

The card's balance goes down, and the account you paid from goes down by the same amount plus any fee. A repayment isn't new spending, so it doesn't count in your reports again. Only the fee does.