Banknaked

Banknaked is your financial empowerment tool, designed to transform you from a passive account holder into an informed financial advocate. In a world where banks obscure fees within complex statements, Banknaked cuts through the confusion and exposes the truth. It securely connects to your bank accounts via Open Banking to provide a crystal-clear, itemized breakdown of every single charge you incur, from monthly maintenance fees and foreign exchange markups to ATM withdrawals and vague "miscellaneous" costs. But we don't just reveal the problem; we provide the solution. Banknaked calculates your total annualized fees and offers personalized recommendations for cheaper account alternatives that match your actual spending behavior. Built with an uncompromising commitment to privacy, it operates with read-only access, uses bank-level encryption, and allows you to delete your data at any time. Whether you're a frequent traveler tired of FX fees, a student managing a tight budget, or a conscious consumer who believes in transparency, Banknaked is for you. It's time to stop overpaying your bank, take back control, and start saving. Discover what your bank is hiding in less than two minutes.

Automated Fee Detection

Our powerful algorithms automatically scan your connected accounts to identify every hidden cost. We uncover monthly maintenance charges, foreign exchange markups, ATM withdrawal fees, wire transfer costs, and any other charges buried in your statements, giving you a complete and honest picture of your banking expenses without you having to decipher complex documents.

Visual Fee Dashboard

See the true cost of your banking with absolute clarity. Our intuitive dashboard provides clear visualizations that break down exactly where your money is going over the last 12 months. You'll instantly understand your total fees categorized by type, transforming abstract numbers into actionable insights that empower your financial decisions.

Personalized Bank Recommendations

Knowledge is power, but action is transformation. Banknaked doesn't just show you the fees; it shows you the way out. We analyze your unique spending and transaction behavior to provide tailored recommendations for alternative bank accounts or services that could save you significant money each year, putting you in the driver's seat.

Secure & Private Open Banking Integration

Your security and privacy are our foundation. We connect to your bank through secure, certified Open Banking APIs with read-only access, meaning we can never move your money. Your data is protected with bank-level encryption, is GDPR compliant, and you can delete it at any time. Setup is quick, safe, and takes just minutes.

The Frequent Traveler

If you travel abroad for work or leisure, you're likely losing money on every transaction through hidden foreign exchange markups and ATM fees. Banknaked identifies these exact costs and recommends accounts with zero FX fees or global ATM reimbursement, transforming how you manage money across borders and putting hundreds back in your pocket.

The Budget-Conscious Student

Students managing tight budgets cannot afford to leak money on unnecessary bank charges. Banknaked helps uncover often-overlooked monthly account fees or transaction costs, providing clear alternatives for student banking packages that are genuinely free, ensuring every euro goes towards your education and life, not your bank's profits.

The Proactive Financial Optimizer

You review your subscriptions and utility bills, so why not your banking? For the consumer committed to optimizing every expense, Banknaked is your essential audit tool. It provides the data-driven evidence you need to confidently switch banks or negotiate with your current one, ensuring you always have the best and fairest deal.

The Small Business Owner

Business accounts often come with a labyrinth of transaction fees, payment processing costs, and monthly charges. Banknaked connects to your business accounts, demystifies these expenses, and highlights more cost-effective banking solutions tailored to your company's cash flow patterns, directly improving your bottom line.

Is Banknaked safe to use?

Absolutely. Security and privacy are our top priorities. We use secure Open Banking APIs, which provide a direct, read-only connection to your bank. This means we can only view your transactions; we cannot move money or access your login credentials. All data is encrypted with bank-level security, and we are fully GDPR compliant.

How much does Banknaked cost?

Using Banknaked to uncover your hidden fees is completely free. Our mission is financial transparency, and we believe everyone should have access to this insight without barrier. You can scan your bank, see your full fee breakdown, and get personalized recommendations at no cost.

Which banks do you support?

We support all major banks and financial institutions that participate in Open Banking. This includes a wide and growing network across Europe and the UK. During our quick setup process, you can search for your bank to confirm connectivity instantly.

What do you do with my data?

We use your transaction data solely to identify banking fees and provide recommendations. We never sell your personal data. Your information is processed securely and, in line with our privacy-by-design principle, we do not store it longer than necessary. You are always in control and can delete your data from our systems at any time.