AI Money Management App
What is Cleo and how does it work?
Cleo is the world's first AI-powered financial assistant designed to help users manage their finances more effectively. Cleo offers features such as budgeting, saving, debt payment, and financial planning through a chat-based interface. By linking your bank account to Cleo, you can receive expert-level insights, helping you track spending, set savings goals, and receive personalized financial advice in real time.
Can Cleo help improve my credit score?
Yes, Cleo offers a Credit Builder Card designed to help you improve your credit score. The card does not require a credit check for approval, making it accessible for those looking to build or repair their credit. By using the Credit Builder Card responsibly, you can gradually improve your credit score over time.
How does Cleo help with financial planning and savings?
Cleo helps with financial planning and savings by providing personalized advice, setting budgets, and monitoring spending. With features like the Coffee Challenge and Summer Holiday savings goals, Cleo encourages you to set limits, track progress, and manage your financial habits in a fun and engaging way.
How can I access a cash advance with Cleo?
Cleo provides users with the ability to get a cash advance of up to $250 with no interest or credit checks. The feature is particularly useful in emergencies or when you are running low on cash. The amount you can access ranges from $20 to $250, with first-time users being eligible for $20 to $100. Same day transfers are available but may be subject to express fees.
Is my financial data safe with Cleo?
Your financial data is safe with Cleo. Cleo employs robust bank-level encryption and security practices to safeguard your data and does not store your banking credentials or have access to your financial funds. Cleo works with trusted partners like Plaid and Salt Edge to securely connect with your bank accounts. Additionally, Cleo adheres to data protection regulations like GDPR to ensure your data's safety.
How do I get started with Cleo?
Getting started with Cleo takes less than 2 minutes. You can download the app, sign up for free, and link your bank account to begin receiving tailored financial insights and support. Cleo is available both as a web application and a mobile app, providing flexibility in how you choose to access the platform.
Can Cleo help me save on subscription costs?
Yes, Cleo can help you identify trends and suggest ways to reduce your subscription costs. By analyzing your spending habits, Cleo offers tailored advice to help you save money and manage your subscriptions more effectively.
Who is Cleo for?
Cleo is for anyone looking to gain a better understanding of their financial life. Whether you want to budget, save more, pay off debts, or plan for the future, Cleo provides the tools and personal insights to help you make smarter money choices.
