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How do I use Cleo Savings?

Find out how to withdraw, deposit and spend money with Cleo Savings

How can I deposit money into my Cleo Savings?

You’ve got 2 options:

  1. Go to Save: Tap Deposit, enter the amount, and done

  2. Ask Cleo: Type “deposit $X” in the chat (replacing X with the amount you want to add)

Always double-check the bank account you’re sending money from before confirming.

You can deposit up to:

  • $3,000 per day

  • $5,000 per rolling week

  • $10,000 per rolling month

Limits on individual accounts may be adjusted for security or compliance reasons.


How can I withdraw money from my Cleo Savings?

  • Go to Save

  • Hit Withdraw

Then follow the steps: enter your amount and double check the bank account you want to send it to.

You can only withdraw up to:

  • $10,000 per rolling week

  • $20,000 per rolling month

Limits on individual accounts may be adjusted for security or compliance reasons.


Is there another way to spend the money in my savings?

There’s no spending or debit card linked to Cleo Savings. To spend your savings, you’ll need to withdraw the money to your preferred bank account.


Where can I find my Cleo Savings statement?

  • Go to Save

  • Tap the Settings cog in the top-right corner

  • Select Statements.

You can view all deposits and withdrawals, and download monthly PDF statements.

Cleo is a financial technology company and is not an FDIC-insured bank. Banking services provided by Thread Bank, Member FDIC. FDIC deposit insurance covers the failure of an insured bank. Certain conditions must be satisfied for pass-through deposit insurance coverage to apply.

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