Cleo

Financial Services88% confidence

Cleo is a financial app that offers budgeting tools, cash (salary) advances, and other money management features through its mobile platform.

London, United Kingdom

About Cleo

Cleo is a fintech company that provides an AI-powered money management app focused on helping users budget, track spending, and access small cash or salary advances. Through the Cleo app, users can connect their bank accounts, receive personalized insights about their finances, and, if eligible, request short-term advances to bridge gaps between paychecks. These advances are typically relatively small amounts and are repaid automatically on the user’s next payday or on an agreed date.

A charge labeled “CLEO SALARY ADVANCE” on your statement usually relates to either the repayment of a cash/salary advance you took through the Cleo app or associated fees (such as express funding or subscription/plus features, depending on your plan). You may see these charges periodically around your payday, or shortly after you receive an advance. In some cases, you might also see a small test or verification transaction when you first connect a card or bank account.

If you don’t recognize this charge, first open the Cleo app (or sign in on their website) and review your recent advances, repayment schedule, and subscription status. You can usually find exact amounts, dates, and receipts in the app’s transactions or billing section. If you still have questions, contact Cleo’s support through in-app chat or their help center, and provide a screenshot of the statement line. If you suspect fraud or you no longer use Cleo, you should also contact your bank or card issuer to dispute unrecognized charges and, if necessary, cancel or replace the card on file.

Frequently Asked Questions

Why do I see a charge labeled “CLEO SALARY ADVANCE” on my card or bank statement?

This descriptor typically indicates a repayment of a salary/cash advance you took out through the Cleo app, or a related fee (such as express funding). Check your Cleo transaction history to confirm the amount and date of the corresponding advance.

Does Cleo charge a subscription fee in addition to salary advance repayments?

Depending on your plan, Cleo may charge a monthly subscription for premium features such as Cleo Plus or similar tiers. These subscription charges are separate from any advance repayments and will appear on your statement according to your billing cycle, often under a similar Cleo descriptor.

How can I see the details of my Cleo salary advance and its repayment schedule?

Open the Cleo app and go to the section for cash or salary advances. There you can view the original amount, fees (if any), the scheduled repayment date, and a record of past repayments that should match the charges on your bank or card statement.

How do I cancel or pause future Cleo salary advances?

You generally can’t cancel repayment of an existing advance, but you can stop requesting new advances and, if applicable, cancel any Cleo subscription within the app’s account or billing settings. Make sure your repayment date and linked account details are correct to avoid additional fees such as failed-payment charges.

How do I request a refund or dispute a Cleo salary advance charge I don’t recognize?

First, verify in the Cleo app whether the charge corresponds to an advance or fee on your account. If it does not, contact Cleo support through the in-app chat or help center with the transaction date, amount, and the last four digits of your card. If you suspect unauthorized use, also contact your bank or card issuer to dispute the charge.

Why was I charged by Cleo when I thought my advance was already repaid?

If repayment failed due to insufficient funds or a changed payment method, Cleo may attempt to collect again, leading to a later charge. Check your Cleo repayment history and your bank balance around the original due date to see if the first attempt was declined or reversed.

Can Cleo place small or temporary authorization holds on my account?

When you first link a card or payment method, Cleo or its payment processor may place a small temporary authorization (often a very low amount) to verify the card. These holds are not actual charges and should disappear from your statement within a few business days.

How can I contact Cleo about a specific “CLEO SALARY ADVANCE” transaction?

The fastest way is via the in-app support chat or through the help section on meetcleo.com. Provide the transaction amount, date, and how it appears on your statement so support can quickly locate it and explain or correct the charge if needed.

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