Your savings plan really
needed some saving.

It's a savings account that offers a competitive interest rate. (The good kind of interest, that helps your money grow.) Think of it as a little treat for not touching your savings.

APY tells you how much extra money you can make in a year. It takes into account the interest rate, the frequency of compounding, and any additional fees.

With Cleo, you can get an APY of 2.95%,¹ which is more than seven times higher than the national average. Here's the math:

• The national average is 0.37%⁴ (which sucks).

• If we divide the 2.95% APY by the national average, we get 7.97—over seven times higher.

Download Cleo and make your account. Then all you have to do is set your goal, choose your saving hacks, and let Cleo grow your wealth for you.

And there's no minimum balance requirement. So you can start saving with the amount that you're comfortable with, whether big or small.

No way, and we hate when banks do this. We still think you should get the APY on all your money, even if you save over $5,000.

Most savings apps only have round-ups. But Cleo has unique Save Hacks to help you save more money without feeling overwhelmed. All you have to do is turn on one or more of our Save Hacks and let Cleo save for you:

1. Payday Saver: Automatically save a percentage of every paycheck. 

2. Set & forget: Set an amount you want to be added to your savings every week, and let Cleo do the rest.

3. Smart save: Use AI to determine how much you can actually afford to put away in savings this week.

4. Round-ups: Round up any purchase you make to the nearest dollar and put that extra bit into your savings.

5. Swear jar: Basically a shopping tax. Cleo will fine you by adding cash to your savings each time you spend at your guilty-pleasure store.

Cleo's Smart Save Hack uses AI to analyze your income, expenses, spending habits, and financial goals to see how much you can actually afford to save this week.

To access the 2.95% APY, you'll need to be a Cleo Builder subscriber.

FDIC insurance is available for funds on deposit through Thread Bank, Member FDIC. Pass-through insurance coverage is subject to conditions.²