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Cleo is an AI financial assistant that provides services to keep track of your spending and budgeting to make managing your finances less difficult. Cleo collects all your financial accounts in one platform with instant responses to help you monitor your finances.

Cleo Features

One of the benefits you can access from Cleo is the savings feature. It works by analysing your spending rate and how much you can save each week from being transferred into a separate Cleo wallet. You can get your instant savings brief by voicing ‘start auto savings’ in your Facebook messenger.

Additionally, the Cleo app has clear dashboards and insights to ensure you’re equipped with accessible information to manage your finances better. On top of this, you can receive up to 7% cashback through Cleo+ and get click-through offers, rewards and cash when you become a regular shopper to certain brands.

The second benefit you can access from Cleo is its ‘Spendings’ feature. Through the app’s “Category Spend”, you can access automatic categories such as spending dates, spending categories and spending merchants of your transactions. Like their savings feature, you can also access your transaction list by voicing ‘category spend’ in your Facebook messenger.

Once Cleo gains more knowledge about your spending habits, she can help identify parts where you can reduce costs. For example, Cleo can get competitive deals on a subscription or suggest payment on specific bills.

Promo Offer: Get 33% Off Cleo Builder Features For Students

The third benefit you can access from Cleo is its ‘Budgeting’ feature. You can access your balance by asking Cleo via the voicing feature on your Facebook messenger. You will then get an update of your balance across all your accounts at any time. You can access daily and weekly breakdowns to ensure your budget is on track through the app.

Additionally, you can get budget recommendations from as long as three months of your spending history that you can edit according to your spending goals.

The fourth benefit you can access from Cleo is its ‘Building Credit’ feature, which provides essential credit information and a Cleo Credit Builder Card to help build your credit score.

The Cleo Credit Builder Card does not involve any credit check, which can be spent anywhere VISA is accepted and allows you to add cash as little as $1 that gets put away in a security deposit. Additionally, you can set up auto repayments so your balance can be paid automatically on time which can help build your credit score at the same time.

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