Cleo AI: Cash advance & Credit is your personal finance coach that simplifies budgeting, saving, credit building, and cash advances through a friendly chat interface. Trusted by over 5 million users, Cleo transforms the typically stressful money management experience into an engaging and easy conversation where you can ask questions and get instant insights about your finances. Whether you want to track last month’s takeout expenses or stay on top of bills, Cleo keeps it straightforward without the financial jargon.

The app offers up to a $250 cash advance with no interest, credit checks, late fees, or minimum repayment time, helping you avoid costly overdrafts. Additionally, Cleo supports high-yield savings with an impressive 3.52% APY—far above the national average—so your money grows smarter. Budgeting is a breeze as Cleo safely reads your transaction history in read-only mode, providing a consolidated view of all your accounts, spending breakdowns, and handy bill reminders.

One standout feature is the Credit Builder program, which helps improve your credit score without needing a credit card by using cash advances and credit score coaching, starting with just a $1 deposit. Plus, if you set up direct deposits, you gain access to your paycheck up to two days early, giving you more control over your cash flow.

While the app shines in its easy-to-use AI-driven financial coaching and budgeting tools, some users have reported issues such as trouble reconnecting bank accounts, difficulties with transaction blocks during subscriptions, and challenges receiving timely cash advances. However, with regular updates addressing bugs and improvements, Cleo AI aims to create a reliable financial assistant at your fingertips.

In conclusion, Cleo AI is a versatile finance app that makes managing money less intimidating and more interactive. Perfect for those who want an AI-powered assistant to help budget, save, and improve credit, with the bonus of interest-free cash advances. Despite some user complaints, its positive impact on financial awareness makes it worth trying out.