Banks and statements don't always name an account the way you think of it, and sometimes they get its type wrong. You can fix both on Accounts.
Rename an account
Click the name
On Accounts, click the account's name, or open its ⋯ menu and choose Rename. On a phone, tap the account and choose Rename.
Type the new name
Press Enter, or click away, to save. Press Esc to cancel. On a phone, tap Save name.
The new name shows everywhere you see the account straight away. Its transactions, rules and budgets don't change.
Change the type
Open the type list
Click the account's icon at the start of its row, or its type under the name (for example Chequing). Or choose Change type in the ⋯ menu. On a phone, tap the account and choose Account type.
Pick the right type
Choose Chequing, Savings, Credit card, Loan, Investment or Other.
The type matters. Credit cards and loans count as money you owe on Net worth, and only credit cards get the Which card is this? line that shows your real card and lets us track its rewards.
Your changes stay
Once you rename an account or change its type, it's yours. Syncing, or signing in to your bank again, won't change it back.
New accounts from a bank start with a readable name, usually the bank's name with the kind of account, which you can change any time.