Claude can now analyze your spending with its new Personal Finance tool

Anthropic has added a Personal Finance tool to its chatbot Claude. Users can link bank and credit card accounts through Plaid and then ask Claude questions about their money. Anthropic says the link is read-only, so Claude cannot move, invest or manage funds. The tool answers in plain language. At the end of a month, a user could ask where their money went and get spending sorted into rent, food and shopping.

OpenAI's ChatGPT added similar money tools in May, so Claude is catching up. Banks and technology firms have argued for years about how much account data should be shared and who should hold it. Plaid is the same service many budgeting apps use to connect to banks. Anthropic says the tool has no ads and it sells no credit cards, loans or savings accounts of its own, so answers are not shaped by sales.

It puts a powerful AI assistant inside your bank account, which is convenient but raises real questions about privacy and data.