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Banknaked

Business

Uncover every hidden bank fee in minutes. Connect your bank via Open Banking. Read-only, privacy-first, with clear savings suggestions.

About Banknaked

Banknaked is a financial analysis tool that helps individuals identify hidden fees and recurring charges in their bank accounts. Users can connect their accounts securely via Open Banking or upload a bank statement for a detailed breakdown of fees, including maintenance, ATM, FX, overdraft, and subscription charges. The service offers a free one-time report with no sign-up required, while ongoing monthly monitoring and alerts are available for a fee. Banknaked emphasizes privacy and security with read-only, encrypted access and no ability to move funds. It is designed for consumers seeking greater transparency in their banking costs.

Best for: consumers seeking fee transparency, personal finance enthusiasts, individuals reviewing bank charges

Key features

  • Connects to bank accounts via Open Banking with read-only, encrypted access
  • Analyzes transactions to identify hidden fees and recurring subscriptions
  • Provides a detailed report of all detected fees and charges
  • Offers recommendations for switching accounts based on usage

Use cases

  • Reviewing a bank statement to uncover hidden charges and fees
  • Monitoring accounts monthly for new or increased fees and duplicate subscriptions
  • Comparing fee structures across banks in Europe before switching

Pros

  • Free one-time fee analysis with no sign-up required
  • Uses read-only, encrypted data access, according to the vendor

Screenshots

Banknaked screenshot

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