Frequently Asked Questions
What is Cleo AI and how does it help manage finances?
Cleo AI is a financial management application that provides tools for budgeting, saving, and gaining financial insights. It assists users in tracking spending, setting savings targets, and offers cash advances. Its AI-driven chatbot delivers personalized financial advice to facilitate effective money management.
Is Cleo AI safe to use with my bank details?
Yes, Cleo AI is safe to use with your banking information. The app employs bank-level encryption and security protocols to safeguard users' financial data. It connects securely to bank accounts, ensuring privacy and protection from unauthorized access.
Can Cleo AI provide a cash advance and how does it work?
Yes, Cleo AI can offer cash advances. The app provides small, interest-free cash advances to help users handle unexpected expenses or cover expenses until their next paycheck. Users can request an advance directly through the app, and if eligible, receive funds swiftly into their bank account.
Is there a cost associated with using Cleo AI?
Cleo AI has a free version with basic features and also offers a subscription plan called Cleo Plus, which includes additional benefits such as cash advances and credit score monitoring. Users can select the option that best fits their financial needs and preferences.
Does Cleo AI offer support for users experiencing issues?
Yes, Cleo AI provides support for users facing problems. The app features a help section with FAQs and a chatbot for immediate assistance. For more complex issues, users can contact customer support via email. Cleo is dedicated to ensuring a smooth user experience.
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