Features
Cardeo is the clever new way to credit card
Your data set free
Through open banking, Cardeo unlocks your data and puts it to work to give you the real picture of your borrowing and spending. All personalised for you.
Payback that doesn’t hurt
Cardeo works out payback time from your current borrowing, interest rates and spending. But you’re not stuck with it. Make a payment plan to set a new target, and see how to get there.
Choose the best method
Once you’ve set a target, Cardeo offers a choice of ways to tackle your cards. From minimising interest and clearing cards fast, to clearing low balances first. Or come up with your own approach.
Single payment heaven
Why juggle multiple payments in multiple apps? Make one payment to Cardeo each month and we'll pay it to your cards on your behalf. Two cards or 20 – it couldn’t be easier.
Change the date
The single monthly payment makes sure that you’ll never accidentally miss a card repayment again. It’s convenient – choose the payment date that suits you best each month.
You’re the boss
Edit, top up or pause your payment plan whenever you like. Make extra repayments to your cards when you’ve got a little spare. It’s all flexible, keeping you in control of your credit cards.
What's missing?
Let us know what features would make Cardeo even better for you. If they’re not in development already, we may add them to our roadmap.
Take a deeper dive
Cardeo is designed to help all UK credit cardholders. Our free account overview, calculator and single monthly payment tools are available to everyone with a UK credit card.
Customers who are eligible for our flexible low-cost credit line will be invited to apply for Cardeo Credit.
Make a single payment to Cardeo each month and we’ll send it to your credit cards on your behalf.
Set a target, such as an end date or a monthly amount.
Choose a repayment approach, such as avalanche, which minimises your credit card interest and the time to clear your cards. Or set the amount for each card manually.
Cardeo will remind you when it’s time to make your payment, and how much to pay.
You can change the details, stop your payment or make extra one-off repayments at any time. You don’t have to pay a fixed amount each month. With the single monthly payment you don’t owe anything to Cardeo – we simply help you to pay back your credit cards, in whichever way you want.
During the setup of your single monthly repayment, you’ll be guided through adding your credit cards, choosing an aim, payment amount, payment approach and collection date.
Cardeo will collect the whole payment before distributing it to your cards in time for each one. So if you have different due dates on your credit cards, set your collection date at least 2-3 days before the first one is due.
The single monthly payment is not currently automatic. You return to the app each month to approve the payment.
If you want to use the single monthly payment to make your regular credit card repayments, cancel any Direct Debits you have to those cards, to avoid paying twice.
You can edit the details of your single monthly payment whenever you wish. You can also make additional overpayments to your credit cards at any time through Cardeo.
We recommend adding all of your credit card accounts to Cardeo. When we have the full picture, we can offer you the most accurate advice and save you the most money.
No. With Cardeo, you are always in control of what you pay to your credit cards. The single monthly payment is flexible.
On top of minimum repayments, you can change the monthly amount or make extra one-off payments whenever you’d like. You can also change the collection date or stop the plan at any time.
Yes. Any payments made to your credit cards through Cardeo are stored in an e-wallet account before being sent to your cards. Your wallet only ever holds your money.
Cardeo partners with e-money company Modulr to provide your wallet.
The Financial Services Compensation Scheme does not apply to e-money products, so alternative regulatory protections are in place: Modulr safeguards your money in a segregated Bank of England account. That means 100% of your money is protected should anything happen to Modulr.