On Friday, OpenAI introduced a new set of personal finance tools in preview for ChatGPT Pro subscribers in the U.S., allowing them to connect their bank accounts and ask questions ranging from spending analysis to future financial planning. Because nothing says 'sound financial advice' like a chatbot.
OpenAI has partnered with Plaid, the financial connection service that has probably seen your banking credentials before, to manage account connections. Users can link accounts from over 12,000 financial institutions, including Schwab, Fidelity, Chase, Robinhood, American Express, and Capital One. Once connected, users will see a dashboard of their portfolio performance, spending, subscriptions, and upcoming payments - basically everything you pretend you don't want to know.
The new product arrives just one month after OpenAI acquired the team behind personal finance startup Hiro (backed by Ribbit, General Catalyst, and Restive) in April. OpenAI says the Hiro team's expertise was useful but didn't specify if they built the whole thing. Presumably, they helped teach ChatGPT the difference between 'buying a house' and 'buying a boat.'
Users can access the tool by selecting 'Get started' in the 'Finances' option in the sidebar or typing '@Finances, connect my accounts' in a ChatGPT conversation. The chatbot will then guide them through linking accounts via Plaid. OpenAI says it plans to support Intuit soon, which would enable analysis such as the impact of a stock sale on taxes or the odds of a credit card approval - because who doesn't want a robot calculating their tax liability?
According to OpenAI, over 200 million users already ask financial questions to ChatGPT every month. The company also notes that the new GPT-5.5 model is stronger at reasoning with context, which is crucial for finance-related questions. They worked with finance experts to create a benchmark for the model to improve on personal finance questions. Let's hope they also taught it not to recommend meme stocks.
With this integration, users can get answers to questions like 'I feel like I've been spending more recently. Has anything changed?' or 'Help me build a plan to be ready to buy a house in my area in the next 5 years.' Spoiler: the answer to the first one is probably 'yes,' and the second one might involve 'stop asking chatbots for advice.'
Users can go to Settings > Apps > Finances to remove connections to certain accounts. Once disconnected, synced data will be removed from ChatGPT in 30 days. Users can also view and delete financial memories from the Finances page - for those who prefer to forget their spending habits.
Generalized chatbots are designed to answer anything, leading people to ask about sensitive topics like health, finance, and personal life. AI companies are realizing this and making specialized products. Both OpenAI and Anthropic have launched health-related tools, and earlier this month, Perplexity launched its own financial research product based on its Computer agent. It's almost like they're competing to see who can handle your most private data first.
OpenAI says the personal finance tools will be available on ChatGPT on the web and on iOS for Pro users. Based on feedback, they want to improve the product before making it available to Plus users. So if you're a Pro subscriber, go ahead and let ChatGPT know exactly how much you spent on avocado toast. We're sure it'll be fine.