ChatGPT now wants to see your bank account. Would you let it?
OpenAI is rolling out “Finances in ChatGPT” to Free and Go users in the US. Connect your bank, your cards and even your credit report, and ChatGPT tells you where your money goes. Read-only, they say. Free money coach or privacy nightmare?
By ScoviAI Team
Your spending, explained by a chatbot. That's the pitch.
What changed
On October 2, OpenAI started rolling out Finances in ChatGPT to Free and Go users in the US, on the web, iPhone and Android.
- Connect bank and card accounts through Plaid, which works with over 12,000 financial institutions.
- Optionally add your Experian credit score and credit reports.
- Then ask things like “Where did my money go last month?” and get answers based on your real transactions.
To start, open Finances in ChatGPT, or type @Finances, connect my accounts in any chat.
What ChatGPT can and can't do
OpenAI says ChatGPT gets read-only access to limited information like balances and transactions.
It can't see full account numbers and can't move money or change anything in your accounts.
The privacy part
If you disconnect, OpenAI says it deletes the synced account data from its systems within 30 days, and Plaid deletes the data tied to that connection within 30 days too.
You can also unplug Experian on its own, without touching your bank connections. The details are in OpenAI's help article.
ADVERTISEMENT
One catch: your past conversations and “financial memories” stay until you delete them yourself.
Should you try it?
If you've never really looked at your spending, it's a free money coach in your pocket.
If a chatbot reading your transactions makes you nervous, no matter how “read-only” it is, you can simply skip it. Nothing changes unless you connect an account.
Our take: if you try it, start with one card, not your whole financial life.
ScoviAI Team is the ScoviAI newsroom. We write every article ourselves from the original announcements and link our sources. Spotted a mistake? Tell us and we'll fix it.
ADVERTISEMENT
