Clyde.ai
Clyde.ai Reviews
& Product DetailsWhat is Clyde.ai?
Clyde.ai is an exciting product that promises to help you make the best decisions about banks and cards. Clyde divides credit cards according to the value it brings to the user. As a result, it will help you find the ideal card for your interest according to the information drawn from your bank statements. Even though there is room for improvement, Clyde.ai is a new product that aims to solve a market problem we didn’t even know we had. Well, at least some of us.
However, some of the most impressive products we use today, both services and hardware, we didn’t even imagine will be part of our lives and look at us today. We can’t imagine our lives without companies such as Uber, Airbnb, Apple, and many more.
Best For
- StartUps
- Freelancers
- Small Business
- Medium Business
- Large Enterprise
- Non-profit Organization
- Personal
- Cloud, SaaS, Web-Based
- Mobile - Android
- Mobile - iPhone
- Mobile - iPad
- Desktop - Mac
- Desktop - Windows
- Desktop - Linux
- Desktop - Chromebook
- On-Premise - Windows
- On-Premise - Linux
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Company Name
Clyde.ai
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Located In
United States
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Website
clyde.ai
Starting from:
$FREE Additional fees
Pricing Model: Subscription
- Free Trial
- Free Version
Pricing Details:
Clyde is a free-of-charge product meant to blow your mind. It is a recommendation service that produces AI data-driven solutions from your bank statement. In addition, they receive compensation for the services they offer from some financial products. However, there is no reason to worry about that. Just take care of how the solutions are arranged and pick what you truly desire that fits you.
- Artificial Intelligence
- Personalization
- Data visualization
- Debit/Credit Card Processing
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Secure Data Handling
The platform uses Plaid for secure data connections, ensuring that sensitive financial data, such as bank login credentials, are encrypted and safe.
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AI-Powered Recommendations
Clyde.ai uses artificial intelligence to analyze your spending and suggest credit cards that maximize rewards, such as cashback, travel points, or other perks
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Free Service
Clyde.ai is free for users because it receives compensation from financial institutions rather than charging customers, making it accessible to a wide audience.
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Diverse Credit Card Options
The service covers a wide range of credit cards, including secured, balance transfer, student, travel rewards, and gas rewards cards, allowing for tailored recommendations.
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Simple, User-Friendly Interface
The setup process is straightforward—users only need to link their bank accounts, and Clyde’s AI does the rest, making it easy to get started.
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Processing Time
Some users mention that Clyde’s AI can take time to process all financial data, which requires patience, especially when connecting multiple bank accounts.
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Limited Compatibility
While the platform supports major banks via Plaid, users with less common financial institutions may encounter limitations.
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Lack of Human Interaction
As with most AI-driven platforms, decisions are based purely on data and algorithms, which could feel impersonal or limiting for users who prefer more tailored, human advice.
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Visibility of Sponsored Cards
While Clyde.ai claims to offer unbiased recommendations, the ranking of credit cards could be influenced by financial institutions that pay for promotions, which might affect the transparency of results.
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Mobile App Functionality
Although Clyde.ai is accessible on various platforms, including mobile, some users may desire more robust features in the mobile experience
Disclaimer
Here at Tekpon's Global Buzz, we blend AI smarts with a human touch to offer a snapshot of user reviews from the web. While we carefully craft these summaries, please remember they reflect diverse user views and experiences, not Tekpon’s own opinions.
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Table of Contents
About Clyde.ai
Clyde.ai is an innovative tool developed in 2020 to make the best decision regarding credit cards. So let’s take a closer look at what this excellent service can do to make our life easier.
Clyde.ai is a credit card comparison SaaS. The tool analyses your bank statements to provide recommendations through an AI-driven system.
How to use Clyde.ai?
Easy peasy!
First, you’ll have to create an account. Second, go to the email address you used to create the account and verify it. Good, now you have an account.
Third, select a bank you are working with and enter your credentials. No worries, the company pays extra attention to the security aspects. Meaning they use Plaid to encrypt and protect your credentials even from Clyde.ai.
Forth, Clyde uses artificial intelligence to calculate your annual card reward values. Fifth, you can connect as many banks to your account as you want. Of course, it would help if you had the patience and let the AI take its time and crunch all the numbers for you.
Last, Clyde.ai will give you an overview of your spending pattern and present you with the highest-value credit cards suitable for you.
Details of Clyde.ai Features
Probably by far, one of the essential features that Clyde has is AI; and the Plaid security system is not something for here and there either.
Plaid
Plaid is a financial service company that enables companies such as Clyde.ai to transfer banks’ financial data through a secure system. Furthermore, Plaid used a single API to connect financial apps to banks worldwide. Above all, the essential feature of Plaid and why it’s excellent that Clyde joined the big league are:
- Data encryption
- Strong autentification
- Cloud infrastructure
- Robust Monitoring
- Independent security testing
In conclusion and plain English, be sure that your personal financial information is in good hands and encrypted. Meaning Clyde sees nothing and has no access to your credentials.
Reward Calculation AI system
As mentioned earlier, Clyde uses artificial intelligence to provide you with your annual rewards value and suggests the most suitable credit cards.
We find this particularly remarkable as we are dealing with financial products. When dealing with other people, people tend to be driven by emotions and not numbers. In contrast, artificial intelligence eliminates those aspects and gives you the best results in mathematical terms. Also, remember that AI becomes better over time as it interacts with more clients.
We like the product and look forward to interacting with AI in the future and taking it for a spin. So give it a try, and let us know your thoughts in the reviews section.
Why do I need Clyde.ai?
Above all, let’s get into context. In 2019, 1.1 trillion credit cards were registered in the USA, which was essentially three times higher than debit cards. Moreover, Clyde.ai essentially overviews ten types of credit cards available in the US:
- Unsecured – Probably the most common, it doesn’t require depositing cash as collateral.
- Secured – Requires a deposit. Essentially, the bank will match your deposit. So, for example, if you deposit $1000, you could get $1000 in credit on that card.
- Balance Transfer – This allows you to transfer Credit card debt from one card to another.
- Travel Rewards – Essentially, it helps you collect bonus or travel points that you can convert into hotel stays, flights, etc. Be careful, as they usually have an annual fee.
- Gas Rewards – Get great rewards at gas stations. The most common are cashbacks.
- Cashback – Earn rewards with every purchase in the form of a % cashback.
- Student – Granted to students with little to no credit history and looking to build one.
- 0% Interest rate Credit Cards
- Retail – Generally issued by big retailers and fall into two categories:
- Closed Loop – can be used only at the retailer in question.
- Open Loop – backed by a bank – can be used with multiple retailers.
- Fintech – The disruption in the credit card industry. They revolutionize the industry through no fees, applications, and changing how customers pay off their debt.
Credit Score
Furthermore, other than the grand diversity of credit cards, it considers analyzing your lifestyle. Clyde also helps you evaluate and improve your credit score. Now we are relatively sure that Americans are very familiar with the expression for those who are not. A credit score is a numerical expression of your credit trustworthiness. This information is collected from credit bureaus, affecting your ability to take a loan.
To wrap up, Clyde.ai, through the diversity of credit cards it oversees, we believe can provide an in-depth suggestion of service you should look into to save money and get your finances under control. Therefore, we don’t know if this does not give you a reason to consider using their services.
Let’s continue with our Clyde.ai review and discover information about pricing and alternatives.
Why is Clyde.ai free?
The Saas is free of charge because it charges the financial institution and keeps the service free from individuals. In addition, the quality of the result is guaranteed as Clyde uses an AI to generate the results; the only thing that differs is the position of the results delivered. Therefore keep an eye on the results, calculate and pick what you truly need.
Clyde.ai Competitors
As personal finance products and credit cards are so familiar in the USA, there are quite a few services similar to share Clyde offers. Thus, below are some of the most relevant alternatives, and in someway competitors, Clyde.ai has:
- MarketProSecure
- Credit Karma
- Mr. Credit Card
Read more about Clyde’s alternatives in the dedicated section.
Clyde.ai Review Conclusion
To wrap up the Clyde.ai review, it is a fantastic credit card comparison SaaS that excels in security and objective credit card solutions suitable for you. Moreover, the free product comes with a great UX, is easy to use, and is fast. You will get your results in no time. We love AI-driven products. So, we suggest you try it and let us know your thoughts.
