Transaction categorization

Stop tagging transactions manually. Upload your bank statement PDF and AI automatically categorizes every transaction — groceries, rent, subscriptions, and 16 more — in 30 seconds.

CSV & Excel exportAI categorizationSpot subscriptions
Drop your bank statement hereTap to upload your statement
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Free·No signup·Deleted after analysis
... statements analyzed
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See how it works

Why automated beats manual

Stop doing this by hand

Manual in Excel
  • Hours of manual tagging per month
  • Prone to human error and inconsistency
  • No automatic subscription detection
  • No visual spending dashboard
QuickBooks / YNAB
  • Requires live bank account connection
  • Not all banks supported
  • Still needs manual review and fixes
  • Monthly subscription cost ($15–$100/mo)
BEST
Our AI tool
  • Upload PDF — no bank connection needed
  • Any bank, any country, any format
  • 95%+ automatic accuracy, zero manual work
  • Free for first 3 pages, $9/mo after

Automatic categorization output

mybankstatementanalysis.com/results

Account Balance

$2,165.63

Feb 1Feb 8Feb 15Feb 22Feb 28

Total Spent

$6,284.37

~$224/day avg

Savings Rate

25.6%

78/100
GoodFinancial Health
Savings Rate25.6%
Spending ControlGood
Subscription Load$50/mo
Emergency BufferLow

Spending Breakdown

February 2026

Housing & Rent

$2,100

33.4% of total spending

Groceries

$892

14.2% of total spending

Transportation

$645

10.3% of total spending

Other

$1,511

24.1% of total spending

Total Analyzed

$6,284

30s
to categorize all transactions
95%+
automatic accuracy
19
spending categories

What you get

Categories + insights, automatically

Spending Breakdown

February 2026

Housing & Rent

$2,100

33.4% of total spending

Groceries

$892

14.2% of total spending

Transportation

$645

10.3% of total spending

Other

$1,511

24.1% of total spending

Total Analyzed

$6,284

AI Insights

Your grocery spending is 12% higher than last month. Consider meal planning to stay on budget.

You saved 25.6% of your income — above the recommended 20%. Great job!

Transportation costs dropped $45 from January. The new bus pass is paying off.

You have 5 active subscriptions totaling $84.96/mo. Review if all are still needed.

Detected Subscriptions

$46.98/mo recurring

N
Netflix

Netflix

MonthlyMar 15, 2026

$15.99

S
Spotify Premium

Spotify Premium

MonthlyMar 22, 2026

$10.99

C
ChatGPT Plus

ChatGPT Plus

MonthlyApr 1, 2026

$20.00

Auto-categorizes fromChaseBank of AmericaWells FargoBarclaysHSBCCitiCapital One& 10,000+ more

What you get

More than just categories —
real financial clarity

Subscription tracker

Find the charges you forgot about

Detected Subscriptions

$46.98/mo recurring

N
Netflix

Netflix

MonthlyMar 15, 2026

$15.99

S
Spotify Premium

Spotify Premium

MonthlyMar 22, 2026

$10.99

C
ChatGPT Plus

ChatGPT Plus

MonthlyApr 1, 2026

$20.00

AI scans every transaction and automatically flags recurring payments. Most people discover at least one subscription they'd forgotten — and cancel it the same day.

  • Detects monthly, annual, and weekly charges
  • Shows your true monthly subscription cost
  • Spots free trial conversions before they auto-renew

AI Insights

Your finances, explained by AI

AI Insights

Your grocery spending is 12% higher than last month. Consider meal planning to stay on budget.

You saved 25.6% of your income — above the recommended 20%. Great job!

Transportation costs dropped $45 from January. The new bus pass is paying off.

You have 5 active subscriptions totaling $84.96/mo. Review if all are still needed.

Get a personalized breakdown of your spending habits, trends, and anomalies. AI reads every transaction so you don't have to — and tells you what actually matters.

  • Highlights unusual spending spikes instantly
  • Tracks month-over-month trends automatically
  • Summarizes your financial health in plain English

Smart recommendations

Not generic tips — your tips

Savings Opportunities

Reduce dining out frequency$180
Bundle streaming services$12
Switch to cheaper gas$35
Total per month$227

Every recommendation is generated from your actual transactions. If you spent $340 on restaurants this month, AI tells you exactly what that means and what to do.

  • Based on your real spending patterns
  • Specific dollar amounts, not vague advice
  • Actionable in under 5 minutes

Pricing

Simple, transparent pricing

Free
Free
Try it out
  • 3 PDF pages / month
  • AI transaction categorization
  • Sankey money-flow chart
  • AI insights & savings tips
  • Financial health score
  • Spending calendar
  • CSV export
Start Free
Most popular
Basic
$9/mo
For monthly tracking
  • 500 PDF pages / month
  • Everything in Free, plus:
  • Multi-month trends dashboard
  • Subscription detector
  • AI savings opportunities
  • 6 export formats (CSV, Excel, QIF, OFX, QBO, IIF)
  • Chat AI financial advisor
  • Receipts & invoices extractor
  • Table-to-Excel extractor
  • File format converter
  • 12 months history
Start Basic
Pro
$19/mo
For power users
  • Unlimited PDF pages
  • Everything in Basic, plus:
  • Redact sensitive info from statements
  • Translate statements (30+ languages)
  • Fake statement detector
  • Fraud & authenticity scoring
  • Priority processing
  • Priority support
Start Pro

FAQ

Automated categorization FAQ

What is automated transaction categorization?+−
Automated transaction categorization is AI software that reads your bank transactions and assigns each one to a spending category — Groceries, Housing, Transport, Subscriptions, etc. — without any manual work. Instead of tagging each transaction yourself in a spreadsheet or accounting app, the AI does it instantly based on merchant name, description, and transaction patterns.
How accurate is automated categorization?+−
Our AI correctly categorizes 95%+ of transactions on the first pass. It recognizes thousands of merchants by name (Whole Foods, Netflix, Shell, Amazon, etc.) and infers the category from transaction descriptions when the merchant is unfamiliar. The more context in the bank description, the more accurate the result.
How is this better than QuickBooks or YNAB?+−
QuickBooks and YNAB require you to connect bank accounts via open banking API — which not all banks support, and which requires ongoing access to your live account. Our tool works from a PDF snapshot: no live bank connection needed, no account linking, and it processes any statement format from any bank worldwide. You upload once, get results instantly.
Does it work with accounting software?+−
Yes. You can export your categorized transactions as a CSV file and import them into QuickBooks, Xero, Wave, FreshBooks, or any accounting software. The CSV includes date, description, amount, and category for every transaction.
Can it categorize business transactions?+−
Yes. We include a Business category for professional expenses, plus categories for Utilities, Insurance, Subscriptions, and Fees that cover common business spending. For freelancers and small business owners, this provides a clean monthly expense breakdown without manual bookkeeping.
What categories does it use?+−
19 categories: Groceries, Dining Out, Transport, Shopping, Housing & Rent, Utilities, Subscriptions, Healthcare, Entertainment, Travel, Business, Income, Transfers, ATM, Fees & Charges, Insurance, Education, Personal Care, and Other.
Does it auto-detect subscriptions?+−
Yes. Recurring charges from the same merchant are flagged as subscriptions — Netflix, Spotify, gym memberships, SaaS tools, insurance premiums. The subscriptions panel shows the name, frequency, next renewal date, and monthly cost so you can spot and cancel what you no longer use.
Is automated transaction categorization free?+−
Yes — the first 3 pages of your bank statement are categorized for free, no signup or credit card required. Paid plans start at $9/month for 50 pages.

Automate your categorization — free today.

Upload your bank statement and AI automatically categorizes every transaction. No manual work, no bank connection required.

Categorize My Transactions Free →
✓ 3 pages free · ✓ No signup · ✓ CSV export