Anthropic launched Personal Finance, a new Claude tool that lets users connect their bank and credit card accounts through Plaid to ask questions about their spending and finances. The tool offers read-only access, meaning Claude cannot move, manage, or invest money.
Claude analyzes transactions across connected accounts to categorize spending, flag duplicate charges and unexpected fees, and track increasing bills. Users can ask questions like "Where did my money go this month?" and receive answers broken down by category such as rent, utilities, and shopping. The tool can also explain financial concepts like APR and calculate interest paid over time.
Anthropic says Claude's access is limited to bank name, account name and type, the last four digits of account numbers, balances, credit limits, and up to two years of transaction history. Conversations in the Personal Finance hub are not used to train Claude's models.
The rollout begins this week in beta for Pro, Max, and Ultra plan subscribers in the U.S. The move positions Claude against OpenAI's ChatGPT, which introduced similar personal finance capabilities in May. Anthropic also launched Claude for Legal and Claude for Financial Services earlier this year.