Transfers
Transfers are movements of money between your own accounts. Learn how FinWise handles transfers so they don't inflate your spending or income numbers.
What Counts as a Transfer
A transfer is money moving between accounts you own:
• Checking to savings
• Credit card payment from checking
• Investment account contributions
• Moving money between banks
Transfers aren't really spending or income - they're just reshuffling your money.
How Transfers Are Handled
FinWise automatically detects most transfers and:
• Marks them with a "Transfer" category
• Excludes them from spending reports by default
This keeps your spending and income numbers accurate.
Marking Transfers Manually
If a transfer isn't detected automatically:
1. Find both transactions (outgoing and incoming)
2. Change the category to "Transfer"
Or create a "Transfer" category if you don't have one.
Transfers in Reports
By default, transfers are excluded from:
• Budget tracking
• Spending analysis
• Income totals
You can toggle "Include Transfers" in the Analyze page to see the full picture.