💸 What is this $3.99 charge?

Strange charges on your bank statement

Written by Gladys
Updated over a week ago

Been charged $3.99 and have no idea why? This is the Express Payout charge for your cash advance 💸 When you took out the advance, you selected the Express option to get your money on the same day.

Unfortunately, banks work at a different speed to normal people (read: *much* slower) and if you want them to pick up the pace, you’ve got to pay them more money.

Cleo uses existing banking systems to pay out your advance, so if you want your advance today, we’ve given you the option to pay $3.99 for Express delivery to your account.

You repay the $3.99 via card when you pay back your advance.

Want more? Check out our blog for all things personal finance.

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