- OpenAI launches a personal finance service in ChatGPT
- It is now being tested with Pro subscribers in the US
- Connect your accounts and ask questions about your finances
OpenAI’s latest ChatGPT initiative is “a new personal finance experience”: Now available in preview for Pro subscribers in the US, the AI chatbot will connect to users’ financial accounts and answer queries about everything from daily budgeting to long-term savings.
In its announcement post, OpenAI says it wants to help people understand their money more easily — without having to check across multiple apps, accounts, spreadsheets and other records to understand what’s going in and what’s going out.
“ChatGPT can combine that reasoning with your real financial context and what you’ve shared about your goals, lifestyle and priorities, helping you spot patterns, understand trade-offs and plan for big decisions in a way that feels more personal and complete,” the post said.
That said, the announcement also emphasizes that this is “not a substitute for professional financial advice,” which is probably wise given the potential for hallucinations. The service is powered by GPT‑5.5 Thinking, which OpenAI says “outperforms previous models on complex personal finance tasks”.
It’s still far from perfect, though — it scores 82.5 out of 100 on OpenAI’s “internal benchmark,” whatever that means — so if ChatGPT is telling you that you’ve spent too much on iced coffee or that you should invest your savings in AI companies, you might want to double-check how it works.
Users are not convinced
According to OpenAI, many people are already asking for financial advice from ChatGPT, so this is a logical next step. The idea is that you can ask about your spending habits over time, the best way to save for a house, how much you spend on subscriptions and what the risks of certain investments are, e.g.
The new personal finance experience was developed in collaboration with over 50 financial professionals, and as it gradually expands to more people, OpenAI wants to bring industry partners on board. Finally, you could be able to inquire about different loan options and then apply for a loan directly in the ChatGPT app.
Accounts from more than 12,000 financial institutions can be connected, and Pro users can get started via the Finances option in the sidebar or with the “@Finances, connect my accounts” prompt. Accounts can be suspended and chats can be deleted at any time, and ChatGPT cannot make any financial transactions (at least… not yet).
When these accounts are connected, you get a dashboard of information that breaks down where your money goes and comes in, and your finances over time: it all looks like a sleek set of tables and charts in Excel.
Judging by the Reddit reaction, initial uptake may be slow: one user says this “sounds like malware,” while another says it’s “clearly insane.” There are also very real concerns about data privacy and AI failure.
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