How is my financial data protected?

Your uploaded PDF is processed in memory and never stored — only the categorized transaction data is saved. We never sell or share your financial data. Anonymous analyses are automatically deleted after 7 days. You can permanently delete all your data at any time from your dashboard.

How does AI bank statement analysis work?

Upload any bank statement PDF — scanned or text-based. We extract every transaction using OCR and text parsing, then AI reads each description, identifies the merchant, and categorizes it into spending categories like housing, groceries, transport, and entertainment. You get a full visual breakdown in about 30 seconds.

Is there a free bank statement analyzer?

Yes. You can try mybankstatementanalysis without an account and preview up to 20 transactions. Free accounts include 1 analysis per month and show up to 50 transactions per report. Paid plans start at $9/mo for 500 pages and 100 transactions per report.

What is bank statement software?

Bank statement software reads PDF statements, extracts transactions, and turns them into usable outputs like categorized reports, CSV or Excel files, or accounting imports. It is faster and more reliable than copying rows manually into a spreadsheet.

Which banks are supported?

Our bank statement analyzer works with all major banks worldwide — Chase, Bank of America, Wells Fargo, Citi, Capital One, PNC, HSBC, Barclays, TD Bank, and 1,000+ more. If your bank provides a PDF statement, we can analyze it.

Can I convert my bank statement to CSV or Excel?

Yes. Upload your bank statement PDF and export categorized transactions to CSV, Excel, QIF, OFX, or QBO format. Our bank statement converter works with any bank and produces clean, structured data ready for Excel, Google Sheets, QuickBooks, or any accounting software.

Is there a free bank statement converter?

Yes. The converter is free for everyone. For full analyzed reports, free accounts include 1 analysis per month and up to 50 transactions per report.

What if my bank statement PDF is a scanned image?

No problem. Our bank statement OCR handles scanned PDFs and photographed statements automatically. The image is converted to text using AI before analysis runs. Even blurry or low-resolution scans work.

What does a bank statement look like?

A bank statement is a document from your bank showing all transactions in your account for a specific period — typically one month. It includes your account number, opening and closing balance, and a list of every deposit, withdrawal, and fee. See our bank statement example page for a detailed breakdown of each section.

What makes this the best bank statement analysis software?

Speed (30-second analysis vs hours in Excel), AI-powered categorization that understands merchant names, and visualization showing where every dollar goes. Plus it's free to start and works with any bank worldwide — no other bank statement analysis tool offers this combination.

Can I use bank statement analysis for loan applications?

Yes. Many users run bank statement analysis for loan prep — it generates a clear spending report, income summary, and category breakdown that helps you understand your finances before applying. Bank statement loans use your deposits as proof of income, and our analyzer makes that data easy to review.

Is there a bank statement analyzer app for iPhone or Android?

You don't need to install an app — the bank statement analyzer runs entirely in your mobile browser. Open mybankstatementanalysis.com on your phone, upload the PDF directly from your downloads or the Files app, and get the full analysis and CSV export in the browser. Works the same on iOS Safari, Chrome, and Android.

Which AI can analyze bank statements accurately?

Our analyzer uses a specialized financial-documents AI pipeline rather than a generic chat model. It combines OCR, table-aware parsing, and merchant classification trained on thousands of bank statement layouts. Typical accuracy is 99%+ on digital PDFs and 95%+ on clean scans — higher than pasting into ChatGPT or a generic LLM.

Can I analyze a credit card statement the same way?

Yes. Upload a credit card statement PDF and you get the same categorization, subscription detection, and CSV export. There's also a dedicated credit card statement analyzer tuned for statement layouts from Chase, Amex, Visa, Mastercard, and 500+ issuers.

AI-powered statement reports

Bank statement analyzer

Turn any bank statement PDF or image into an easy-to-read visual report with income , spending , and subscription charts .

Drop your statement hereTap to upload

PDF, JPG or PNG

Try Free →

Files deleted after analysis

10,000+ transactions categorizedView sample report →

EncryptedPDF never storedNo signup

What you'll get

Your full spending report

Net saved in October 2024

$2,868

+37.2% of income

Income

$7,712

Spent

$4,844

Activity

47 tx · ~$103/day

$1,850

Largest expense

$103

Avg / transaction

Active days

Saturday

Busiest day

AI Insight

Dining spending jumped 42% vs last month. You ate out 18 times — that's $42 per meal on average.

Spending breakdown

$4,844 across 7 categories

Housing$1,850

Dining$765

Shopping$683

Transport$504

Utilities$422

Subscriptions$349

Entertainment$271

Financial Health

87/100

Excellent

Savings Rate37.2%

Spending ControlGood

Subscription Load$349/mo

Emergency BufferStrong

Recurring · $4,188/yr

Netflix$15.99

Spotify$10.99

ChatGPT Plus$20.00

8 recurring detected$349/mo

Potential monthly savings

$215/mo$2,580/yr

Cancel unused subscriptions

3 services you haven't used in 60+ days

$47

Switch to cheaper phone plan

You're overpaying vs similar usage profiles

$35

Cook 3 more meals per week

You averaged $42/meal eating out — 18 times this month

$133

People love the simplicity

1,000+ statements analyzed

“I used to spend 2 hours in Excel sorting transactions by hand. This did it in 30 seconds and the categories were actually right.”

Mark R.Freelance consultant

1,000+

Statements analyzed

“Uploaded my Chase statement and had a full breakdown before my coffee was ready.”

Sarah K.Small business owner

“My accountant asked for categorized transactions for tax season. I uploaded 6 months of statements and exported everything to Excel in under 5 minutes.”

James T.Real estate agent

“Finally found something that reads my scanned bank statements. Other tools just gave me garbage — this one nailed it.”

Anna W.Bookkeeper

“I needed to see where $4,000/month was disappearing. Turns out I had 11 active subscriptions. Cancelled 5 on the spot.”

David L.Software engineer

Pricing

See where your money goes

Upload a statement and get answers in seconds. No card required.