Free Bank Statement Categorization

Free bank statement categorization tool with AI-powered transaction analysis. Upload your bank statement to get instant automated expense categorization and spending insights. 100% free, no sign-up required.

How Bank Statement Categorization Works

📄

1. Upload Your Statement

Upload bank statements in PDF, CSV, or Excel format. Our AI instantly processes your transaction data.

🏷️

2. AI Categorizes Transactions

Advanced bank statement categorization AI automatically sorts your transactions into spending categories like food, transportation, and entertainment.

📊

3. Get Insights & Export

View detailed spending categories breakdown, get savings suggestions, and export data to CSV.

Upload Your Bank Statement
Supported formats: PDF, CSV, XLS, XLSX • Max file size: 10MB
🔒

How We Handle Your Financial Data

Your data is processed temporarily in memory and sent to AI for analysis, then deleted. HTTPS encryption protects all transfers.

💡 Privacy Tip: Consider editing out sensitive information like bank account numbers, routing numbers, and personal addresses before uploading.

Why Use Free Bank Statement Categorization?

💰Track All Spending Categories

Get a complete view of your spending categories including food & dining, transportation, subscriptions, and more. Understand exactly where every dollar goes.

🤖AI-Powered Bank Statement Categorization

Our advanced AI-powered bank statement categorization automatically sorts your transactions with high accuracy, saving you hours of manual work.

📈Identify Savings Opportunities

Discover which spending categories consume most of your budget and get personalized recommendations to optimize your finances.

📋Export Your Data

Download your categorized spending data as CSV files for further analysis or budgeting apps.

Bank Statement Categorization FAQ

What is bank statement categorization?

Bank statement categorization is the process of automatically sorting your transactions into spending categories like Food & Dining, Transportation, Entertainment, Housing, and Subscriptions. Our free bank statement categorization tool uses AI to organize your financial data into meaningful groups.

How accurate is bank statement categorization?

Our AI-powered bank statement categorization achieves over 95% accuracy by analyzing transaction descriptions, merchant names, and spending patterns. The automated categorization can be reviewed and adjusted as needed.

What file formats work with bank statement categorization?

Our bank statement categorization tool supports PDF, CSV, XLS, and XLSX formats. Upload statements from most major banks and credit card companies for instant transaction categorization.

Is bank statement categorization secure?

Yes, our bank statement categorization tool prioritizes your privacy. We analyze your data securely and don't store sensitive transaction details permanently during the categorization process.

Can I export bank statement categorization results?

Absolutely! Export your bank statement categorization results as CSV files for use in Excel, Google Sheets, or other budgeting tools. Perfect for detailed financial planning and analysis.

Ready to Master Your Spending Categories?

Try our educational debt planning tools to turn your spending categories insights into actionable debt elimination strategies. Save your analysis and track your financial progress over time.

Explore More Financial Planning Tools

Use your spending categories insights with our educational debt planning calculators. These tools help you understand different debt elimination strategies for better financial decision-making.

Educational tools only. Please consult financial professionals for personalized advice.

Important: Debt Planner is an educational tool only. We are not licensed financial advisors, credit counselors, or debt management professionals. All calculations are for educational purposes. Please consult qualified financial professionals before making significant financial decisions.

© 2025 Debt Planner. All rights reserved.