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 interest (APR)
- No credit checks
- No late fees
- No direct deposit required

SAVE WITH 4.11% 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.

Choose from four mindless Save Hacks: Set & Forget, Roundups, Smart Save, or Swear Jar—where Cleo fines you for spending at your guilty pleasure stores and adds the cash to your savings.

CHALLENGE YOUR SPENDING HABITS

Fix your spending relationship with a custom made challenge. Cleo won’t just tell you you need to cut back on eating out. She gets specific. She keeps your challenge on track by showing you money motivation… like you saved an extra $100 by not visiting Starbucks four times a week.

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:

- 0% APR
- 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) 4.11% Annual Percentage Yield (APY) as of 12/01/2023. Rates are variable and subject to change. Account fees may affect earnings. Cleo is not a bank, banking services provided by Thread Bank, Member FDIC.

(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

Learn more about how we share and protect your data at meetcleo.com/page/privacy-policy

Ratings and reviews

The app keeps getting worse. The whole app. Let me first say, I'm never late with advances and usually early. 2nd, stop letting the bot run the show! It lies!! The bot tells me good to get $80 if I pay the $60 early "and reap the benefits" lol, nope still $60. If you get a human, they say they are under staffed and need my patience. I have hundreds in my accts but only got to $90 once. I can't go past $60 for months now. The fee's are crazy. I'm paying $40 odd $/mth(sub+fees)and u want a tip?!

Update: Cleo is trash. When I set up my original account it worked just fine, but I got a new debit card and was able to add it for both cash advances and my subscription, but it wouldn't work with my new card for some reason. Tried reaching out to support a couple of times about it since February, but all I got was, "Try it again later." So, I deleted my account yesterday, and expected to be able to set up a new account with my new card... but no. It's STILL NOT WORKING!

Outside of selling you a temporary credit boost for the cost of a subscription, they offer you a loan for your direct deposit. They're really just tricking you, the unsavvy, bad credit, paycheck to paycheck consumer, into setting your paycheck as your credit line and committing a portion of it to subscription fees. You're helping them not the other way around, and in the end, the few points you get from opening an account only softens the blow of when you close it. Account Closed, Uninstalled.👎

What's new

Bug fixes & minor improvements. Watch this space.