The available limit is not your money and the minimum due is not the bill. NetWorth+ tracks each card as a liability with its own cycle, so you can see what you owe, when it is due, and what carrying it is costing.
One card, honestly
What is actually true
In short
NetWorth+ is a free Android app that tracks credit cards as liabilities rather than as spending accounts. Each card is held with its own statement date, due date, minimum due and outstanding balance, and the full balance is subtracted from your net worth from the moment a purchase is made rather than when the bill is paid. It can read card transaction alerts from your bank's SMS on the device, with your permission, so purchases appear for approval without typing. It works with UAE, Saudi, Qatari, Kuwaiti, Bahraini, Omani and Indian card alert formats, and it never requires a bank login.
Cards
No limit on how many
Cycles
Statement and due dates per card
Net worth
Balance counted in full
Bank login
Never required
The problem
The interface is designed to feel like spending. The accounting is borrowing. Most people track the first and are surprised by the second.
Two things make multiple cards genuinely hard to hold in your head. The first is the cycle: a purchase on the 3rd and a purchase on the 27th can land on statements a month apart, so the bill arriving today describes a version of your life from several weeks ago.
The second is the minimum due, which is presented as though it were the obligation. Paying it keeps the account in order and leaves the rest of the balance to accrue interest — in the Gulf and in India, at rates that are usually quoted per month, which makes the annual figure less obvious than it should be.
How it handles it
Statement date, due date and minimum due are held against each card rather than averaged into a vague monthly reminder. Four cards means four cycles, and they are shown as four cycles.
The balance reduces your net worth from the moment the purchase is made. There is no window in which spending on credit looks free, because there is no such window in reality.
Card alert messages from your bank can be read on the device and appear in the Financial Inbox with the amount, merchant and date. You approve them, so nothing is recorded that you did not confirm.
Set the payment as a scheduled item on the cycle you actually pay it, so it appears in the forecast rather than arriving as a surprise on a Thursday.
In practice
Current balance, credit limit, statement date, due date. Ten minutes for the lot, and it is the last time you will have to gather this information.
From then on, purchases arrive as they happen instead of being reconstructed from a statement PDF at the end of the month.
Schedule what you intend to pay. If that is the full statement balance, the forecast will tell you whether it is affordable before the date rather than after it.
Four balances is four numbers you can rationalise individually. One total is harder to argue with, and it is the one that appears in your net worth.
Reference
| Figure on your statement | What it means | How NetWorth+ treats it |
|---|---|---|
| Available limit | What the bank will still lend you | Not counted as your money |
| Current balance | What you owe right now | A liability, in full |
| Statement balance | What must be cleared to avoid interest | The figure the due date is attached to |
| Minimum due | The least that keeps the account current | Shown, and clearly not the bill |
| Unbilled transactions | Spend after the statement date | Sits against the next cycle |
| Cash advance | Borrowing that usually charges from day one | A liability, recorded separately |
Interest rates, fees and grace periods differ by bank and by country, and this is a description of how the app organises the figures — not advice about your card, your rate or whether to carry a balance. Read your own card agreement, which is the only document that governs your account.
NetWorth+ does not pay your card, does not connect to the issuer, cannot fetch your statement and does not know your interest rate unless you enter it. It does not offer balance transfers, does not recommend cards and earns nothing from any bank. It records what you owe so the number is in front of you.
Where this applies
Card penetration is high across the Gulf and the alert formats differ by bank and by country. NetWorth+ reads the common formats used in the UAE, Saudi Arabia, Qatar, Kuwait, Bahrain and Oman as well as India, including the three-decimal dinars, and leaves anything ambiguous in the Financial Inbox for you rather than guessing.
NetWorth+ also covers India, Singapore, Malaysia, the Philippines, Thailand, Vietnam, the United Kingdom and the United States. Currency handling is not limited to the list above — three-decimal dinars and zero-decimal currencies are treated correctly rather than being forced into two decimal places.
Questions
Keep reading
When the balance becomes a structured instalment plan.
Read moreHow liabilities pull against assets to produce one figure.
Read moreWhich senders are read, which are ignored, and why nothing is uploaded.
Read moreWork out what an instalment plan really costs, in the browser.
Read moreRupee alerts, lakh and crore grouping, and heavy card usage.
Read moreDirham alerts and the forms UAE banks actually send.
Read moreFour cards, four cycles, one total — and no card issuer needs to know you are counting.
Android. No bank login. No ads. Message reading is optional and off until you switch it on.