Frequently Asked Questions

Find answers to common questions about FinSavvy AI

Getting Started

How do I get started with FinSavvy AI?

Getting started is easy! First, sign up for an account on our website. After confirming your email, you'll be guided through a simple setup process to connect your financial accounts. Our AI will then begin analyzing your finances and provide initial insights within 24 hours.

What banks and financial institutions do you support?

FinSavvy AI supports all major Australian banks and financial institutions, including Commonwealth Bank, ANZ, Westpac, NAB, ING, St. George, Bendigo Bank, Bank of Queensland, Suncorp, and many more. We're continuously adding support for additional institutions.

How do I check if I'm eligible for the free tier?

You can check your eligibility by filling out our eligibility form on the homepage. We offer free access to students, first-time homebuyers, retirement planners, and people with specific financial goals. Our team will review your application and respond within 24 hours.

Do I need to install anything to use FinSavvy AI?

No, FinSavvy AI is a web-based platform that works in your browser. We also offer mobile apps for iOS and Android if you prefer to manage your finances on the go. Both options provide the same features and security.

Security & Privacy

Is my financial data secure with FinSavvy AI?

Absolutely. We use bank-level 256-bit encryption and strict security protocols to protect your data. We maintain read-only access to your accounts, which means we can never make transactions or changes. Our systems are regularly audited by independent security firms, and we comply with all Australian data protection regulations.

Do you sell my personal information to third parties?

No, we never sell your personal information to third parties. Your data is used only to provide you with insights and recommendations. We may use anonymized, aggregated data for research purposes, but this never includes personally identifiable information. You can review our Privacy Policy for complete details.

How do you connect to my bank accounts?

We use secure Open Banking APIs and trusted financial data aggregation services that comply with Australian banking regulations. This allows us to establish a secure, read-only connection to your accounts without storing your banking credentials on our servers.

Can I delete my data from your system?

Yes, you have complete control over your data. You can disconnect your accounts or delete your profile at any time through your account settings. When you delete your profile, all your personal data is permanently removed from our systems within 30 days, in accordance with Australian privacy laws.

Features & Benefits

How does FinSavvy AI help me save money?

FinSavvy AI analyzes your spending patterns to identify savings opportunities in several ways:

  • Detecting unnecessary subscriptions and recurring charges
  • Finding better deals on services and utilities
  • Identifying excessive spending in specific categories
  • Suggesting optimal timing for bill payments
  • Creating personalized saving rules based on your habits
  • Recommending appropriate financial products for your situation
Our users report an average monthly saving of $420.

Does FinSavvy AI work with superannuation accounts?

Yes, FinSavvy AI can connect to most Australian superannuation accounts. Our AI can analyze your super fees, compare performance, and provide recommendations for optimization. This holistic view helps you manage both your daily finances and long-term retirement planning.

Can FinSavvy AI help with budgeting for specific goals?

Absolutely! You can set specific financial goals like saving for a home deposit, planning a holiday, or building an emergency fund. Our AI will create a personalized savings plan, track your progress, and adjust recommendations to help you achieve your goals faster.

How accurate is the AI in categorizing my transactions?

Our AI achieves over 95% accuracy in categorizing transactions for Australian merchants and service providers. The system continuously learns from your corrections and improves over time. You can also create custom categories and rules to better match your specific needs.

Billing & Pricing

What are the pricing plans for FinSavvy AI?

FinSavvy AI offers three pricing tiers:

  • Basic: Free - Includes essential budgeting tools and limited AI insights
  • Premium: $9.99/month - Full AI analysis, unlimited accounts, and personalized recommendations
  • Family: $14.99/month - Premium features for up to 5 family members with shared and individual insights
We also offer annual billing with a 20% discount.

Is there a free trial available?

Yes, we offer a 30-day free trial of our Premium plan for all new users. No credit card is required to start the trial. Additionally, eligible users (students, first-time homebuyers, etc.) can apply for extended free access through our eligibility program.

How do I cancel my subscription?

You can cancel your subscription at any time through your account settings. After cancellation, you'll continue to have access to your premium features until the end of your current billing period. We don't offer prorated refunds for partial months, but you can request a full refund within 14 days of purchase if you're not satisfied.

Do you offer discounts for specific groups?

Yes, we offer special discounts for students (50% off), seniors (30% off), and non-profit organizations (40% off). To apply for these discounts, please provide the relevant documentation through our contact form, and our team will set up your discounted subscription.

Technical Support

What should I do if I have trouble connecting my accounts?

If you're having trouble connecting your accounts, try these steps:

  1. Ensure you're using the correct login credentials for your bank
  2. Check if your bank is performing maintenance (this is often announced on their website)
  3. Try disconnecting and reconnecting the account
  4. Clear your browser cache or try a different browser
If you still encounter issues, please contact our support team with details of the problem, and we'll assist you promptly.

Is FinSavvy AI compatible with all devices?

FinSavvy AI works on all modern devices with an internet connection. Our web platform is compatible with recent versions of Chrome, Firefox, Safari, and Edge browsers. Our mobile apps are available for iOS 12+ and Android 8.0+. The platform is fully responsive and adapts to smartphones, tablets, and desktop computers.

How do I export my financial data from FinSavvy AI?

You can export your financial data in CSV or PDF format from the Reports section of your dashboard. This feature allows you to download transaction histories, spending analyses, budget reports, and savings summaries for your records or for use with other financial software.

What should I do if I notice incorrect transaction data?

If you notice incorrect transaction data, you can edit the transaction directly in your FinSavvy AI dashboard. Simply click on the transaction, select "Edit," and update the details. If you're seeing systematic errors or missing transactions, please contact our support team, as this might indicate a connection issue with your financial institution.

Still Have Questions?

Our support team is ready to help you with any other questions you might have about FinSavvy AI.