Cleo: Budget & Cash Advance

Cleo AI

About this app

AI money coach you can actually talk to. Cleo helps 5+ million users budget, save, build credit, or get a cash advance in those low-balance moments.

AI MEETS MONEY
Cleo turns stressful money life into a simple chat, where you can ask questions and learn about your finances (without being bored to death).

Want to know how much you spent on takeout last month? Just ask Cleo… maybe this will be what finally gets you to stop overspending.

GET UP TO A $250 CASH ADVANCE (1)
Dump your overpriced overdraft and get a spot from Cleo instead. Cleo’s up to $250 cash advance has:

- No minimum or maximum time for repayment
- No interest
- No credit checks
- No late fees
- No direct deposit required

A Cash Advance (Earned Wage Access) is NOT a personal loan! Cleo is an Earned Wage Access app. There are no maximum annual percentage rate (APR) as there are no mandatory fees associated Cleo's cash advance. For example, if you request an advance for $40 and request it to be delivered on a non-expedited basis the total amount that you repay is $40. 

SAVE WITH 3.72% APY
Grow your wealth with high-yield savings almost nine times higher than the national average. Think of it as the good kind of interest that accumulates on your savings.

BUDGET WITHOUT FEELING RESTRICTED
Build a personalized budget (with room for iced coffee). Cleo uses Plaid to read your transaction history in a read-only mode. She can then show you all your accounts in one place, serve you spending breakdown, and share monthly bill trackers and reminders.

BUILD CREDIT (WITHOUT A CREDIT CARD) (3)
Glide your way to smoother approvals, lower interest rates, and higher credit limits with a credit score your parents can be proud of. Start building your credit with:

- No Interest
- Cash advance
- Credit score coaching
- $1 minimum deposit

ACCESS YOUR PAYCHECK UP TO 2 DAYS EARLY (4)
Don’t wait until payday. Unlock your earnings early by setting up direct deposits.

LEGAL STUFF
(1) Subject to eligibility. Amounts range from $20-$250, and $20-$100 for first-time users. Amounts subject to change. Same day transfers subject to express fees.
(2) The interest rate on your account is 3.66% with an Annual Percentage Yield (APY) of 3.72%, effective as of 09/19/2024. Rate is variable and is subject to change after account opening. Fees may reduce earnings.
(3) Credit Builder Card is issued by WebBank, Member FDIC pursuant to a license from Visa USA Inc. Access to the Card is subject to approval.
(4) Early access to direct deposit funds not guaranteed, timing may vary.

The Cleo Grow subscription service offers users savings goals, hacks, challenges, and access to an annual percentage yield (APY) on savings.

The Cleo Plus subscription offers saving goals, hacks, challenges, APY on savings, credit score insights, and access to cash advances if eligible.

The Cleo Credit Builder subscription offers saving goals, hacks, challenges, APY on savings, credit score insights, cash advances if eligible, credit history, and priority support.

Cleo is not affiliated with Credit Karma, Kikoff Credit Builder Loan, Experian Credit Check, Credit One, Credit Strong, Intuit Credit Karma, Albert, Earnin, Dave Bank, Brigit, Chime, Klover, loan apps, Money Lion, FloatMe Cash Advances, Empower, money apps, Cash Advance, Vola, Grid Money, Venmo, Beem, Line Credit, Rocket Money, Possible Finance, CashNetUSA, Rain Cash Advance, Branch paycheck loans, or Gerald payday credit loans app

We only offer services in US and when user sets up account with Cleo they select a US state of residence.

Learn more about how we share and protect your data at [meetcleo.com/page/privacy-policy](http://meetcleo.com/page/privacy-policy)

Cleo AI Inc. Corporation Trust Center, 1209 Orange Street, Wilmington, DE 19801

Ratings and reviews

I'v used the app many times before with no issues until now. I decided to get a $250 advance. However, when i logged on to the app to repay my advance, my card was removed, so i tried adding it back, and it kept showing an error. I contacted customer service, and they informed me that my card can't be "added" for 30 days because it was used on an account that was recently deleted, and that they could no longer help me. I've only ever had one cleo account, so im confused abo how that's possible.

Trash! They'll approve you for a certain amount and when you pay it back they'll only allow you to borrow a lower amount than the initial loan. For example: I borrowed $60 paid it back and was only allowed $55 max. I paid the $55 back and was only allowed $40 max. There's much better apps out there. BridgeIt, Empower, Dave and MoneyLion are much better. They provide all the tracking updates and benefits with no subscription fees as well.

Scammed. I used the service before which was okay. Later on I canceled the subscription and I thought I was done with it. A while later they charged me $5.99. I went through the chatbot (which is weirdly condescending) try and get a refund and it said I can't because I already used the service. As in I already used the service for that cycle since they took out the money, but I did not. Didn't even open the app. It was impossible to get through to a live agent so I'm just out $5.99.

What's new

Bug fixes & minor improvements. Watch this space.