Get the app

Save without the effort

  • Get a high-interest savings rate

  • Set your savings goals with Cleo

  • Turn on savings hacks that do the work 

Cleo is a financial technology company and is not a bank. Direct deposit banking services provided by Thread Bank, Member FDIC.

Join millions of Cleo subscribers

217K+ ratings on
App Storeand
Google Store

Cleo saves for you, even when you forget

Earn high-yield interest

3.33% Annual Percentage Yield1 (APY)? Think of it as the good kind of interest. Oh, and there's no cap—you're getting the same juicy APY regardless of your balance.

Set goals with Cleo’s saving app

Building a pet emergency fund? Create your saving goal by entering the amount you want to save and set your target date.

Automated savings hacks

Choose from 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.

Up to $3 million FDIC insurance2 available

For funds on deposit, through Thread Bank, Member FDIC.

Join the millions of Cleo subscribers who are building a life beyond their next paycheck.

Download Cleo Today

What our users are saying3

"Awesome app that helps me save more money than I would on my own!”

Tess WGoogle Play

"I love the savings feature. It allows you to use hacks so that you can save and create better habits!”

AmethystApp Store

"Best app for saving money for your future”

Kristin KApp Store

How it works

Save your first $1,000

  1. 01

    Create your Cleo account

    2 minutes. That's all it takes.

  2. 02

    Pick your saving goal

    Go with one of Cleo’s most popular goals or create your own.

  3. 03

    Select your automated saving hack

    Turn on the savings hacks and let Cleo do the savings.

  4. 04

    Watch your savings grow

    Literally go watch it grow in the savings tab. 

Security

256-bit encryption on your savings

We use Plaid to connect your bank account and we never store your details. 

Personal data protection

We never sell your data to third parties. Period.

Secure control on your accounts

Cleo can only view your transaction data in read-only mode. You control how and when you save.

FAQ

Still have questions? Find answers below.

1The interest rate on your account is 3.28% with an Annual Percentage Yield (APY) of 3.33%, effective as of 12/19/2024. Rate is variable and is subject to change after account opening. Fees may reduce earnings.

2Your deposits qualify for up to $3,000,000 in FDIC insurance coverage when placed at program banks in the Thread Bank deposit sweep program. Your deposits at each program bank become eligible for FDIC insurance up to $250,000, inclusive of any other deposits you may already hold at the bank in the same ownership capacity. You can access the terms and conditions of the sweep program at https://thread.bank/sweep-disclosure/ and a list of program banks at https://thread.bank/program-banks/. Please contact customerservice@thread.bank with questions regarding the sweep program. Pass through insurance coverage is subject to conditions.

3Real review. Individual results may vary. 

4Based on the national average savings deposit rate, FDIC, as of 05/20/25.

5The Cleo Grow subscription service offers users savings goals, hacks, challenges, and access to an annual percentage yield (APY) on savings.