Cleo AI is a personal finance coach designed to simplify your financial life through conversational AI. With over 8 million users, Cleo helps you budget, save, build credit, and even access cash advances when needed. The app provides a unique chat-based interface where you can ask questions about your spending habits, savings, and more without the usual complexity associated with traditional banking apps.

One of Cleo's standout features is its ability to provide cash advances of up to $250 without interest, credit checks, or late fees, making it an ideal solution for those unexpected low-balance moments. Additionally, Cleo offers high-yield savings with a 3.14% APY, nearly nine times higher than the national average, allowing users to grow their wealth effortlessly. Whether you're looking to manage daily expenses or plan long-term financial goals, Cleo AI delivers a comprehensive suite of tools tailored to modern financial needs.

Cleo AI distinguishes itself through several innovative features that cater to various aspects of personal finance management. First, the app offers Earned Wage Access, enabling users to access their paycheck up to two days early by setting up direct deposits. This feature is particularly beneficial for individuals who need immediate access to their earnings to cover urgent expenses.

Another key feature is Cleo's credit-building capabilities. Users can improve their credit scores without needing a credit card, thanks to Cleo's Credit Builder Card issued by WebBank. The app also provides personalized budgeting tools powered by Plaid, which allows Cleo to read transaction histories in a read-only mode and present users with detailed spending breakdowns and monthly bill trackers. These features collectively empower users to take control of their finances while learning valuable money management skills.

In the realm of personal finance, security is paramount, and Cleo AI excels in safeguarding user data and funds. The app employs advanced encryption protocols to ensure that all transactions and personal information are protected against unauthorized access. This commitment to security extends to its use of Plaid, which operates in a read-only mode to analyze transaction history without risking the exposure of sensitive banking credentials.

Cleo further enhances account security by offering features like cash advances with no credit checks or late fees, ensuring users have access to funds without compromising their financial standing. By avoiding traditional credit mechanisms, Cleo minimizes risks associated with overdrafts and high-interest loans. Additionally, the app's compliance with legal standards and cooperation with Thread Bank, Member FDIC, reinforces its dedication to maintaining a secure financial environment for its users.

Users benefit from Cleo's proactive approach to fund security, enjoying peace of mind when managing budgets, accessing earned wage advances, or building credit. With no hidden fees and transparent terms, Cleo empowers millions of users to take control of their finances securely and confidently.

Cleo AI revolutionizes the transaction experience by transforming complex financial management into an engaging, conversational interface. Users can effortlessly inquire about spending habits, budget allocations, and even request detailed breakdowns of expenses, such as takeout costs over a specific period. This intuitive chat-based interaction demystifies personal finance, making it accessible and enjoyable for everyone.

The app streamlines transactions with features like up to $250 cash advances, which come with unparalleled flexibilityu2014no interest, repayment timelines, or credit checks. Cleo also facilitates early paycheck access, allowing users to receive ACH credits or direct deposits up to two days ahead of schedule. These capabilities not only enhance convenience but also provide crucial support during low-balance moments, ensuring users maintain financial stability.

Moreover, Cleo enriches the transaction experience through educational insights and personalized recommendations. By integrating savings goals, credit score coaching, and high-yield savings options with an impressive 3.14% APY, Cleo equips users with tools to optimize their financial health. This holistic approach fosters informed decision-making, empowering users to achieve their monetary objectives efficiently and effectively.