Introduction: Skwad converts bank transaction alerts into categorized transactions without requiring your bank login.
Added on: Jan 21, 2025
Skwad

What is Skwad

Skwad is a financial tool that helps you manage your spending by converting bank transaction alerts into categorized transactions. Unlike other apps, Skwad does not require your bank login, ensuring your privacy and security. You can set up automated spending and deposit alerts from your bank or credit card provider to your dedicated Skwad scan email address, and Skwad will process these alerts instantly.

How to Use Skwad

  1. Get a scan address: Sign up to receive your dedicated Skwad scan email address.
  2. Send transaction alerts: Set up automated spending & deposit alerts from your bank or credit card provider to your Skwad scan email address.
  3. Skwad does the rest: Skwad converts these alerts into categorized transactions for you.

Use Cases of Skwad

Skwad is ideal for individuals who want to track their spending without sharing their bank login details. It is particularly useful for those who receive transaction alerts via email from their bank or credit card provider.

Features of Skwad

  • Reliable connectivity

    No more broken reconnections or the need to re-enter passwords and 2FA codes.

  • Take control of your spending

    Visualize your cash flow and categories, compare spending to previous periods, and export your data for offline analysis.

  • Understand your finances

    Auto-import transactions from bank alerts to keep track of your financial activities.

  • Customize your expenses

    Fully customizable categories, recategorize, split, or hide transactions, and break down transactions into line items.

  • Never miss a payment again

    Get alerts for upcoming bills, sync bills to your calendar, and avoid late fees.

  • Multiplayer mode

    Invite one or more companions to share transactions, budgets, and insights. Your first companion is free.

FAQs from Skwad

1

Is my bank supported?

Your bank is supported if you receive email alerts for transactions or balance updates. Most banks and credit unions have this feature.
2

My bank doesn't support email alerts. Can I still use Skwad?

Yes. Skwad supports bank linking with support for 11,000+ financial institutions.
3

What is a Skwad scan email address?

After signing up, you'll receive a unique email address from Skwad. You can forward email receipts, transaction alerts from your bank, or send attachments to this address to have them processed.
4

Can I automatically import transactions?

Yes. You can automate your expense tracking by setting up spending alerts from your bank to Skwad.
5

My bank only allows one email. Can I still use Skwad?

Yes. Your bank alerts can be forwarded to Skwad from your primary email address.
6

Are there different subscription plans available, and how do they differ?

Yes, see our pricing section for more details.
7

What about refunds or returns?

Skwad will automatically identify and categorize refunds and returns as soon as your bank sends the alert.
8

Can I upload my old transactions?

Yes. You can upload CSVs, Excel, or Quicken files from services like Mint, or your bank or credit card provider.
9

Can I manually add transactions?

Of course! You can manually add transactions in the app by typing them in or uploading a receipt image.
10

Can I track my net worth with Skwad?

Of course! Skwad uses balance alerts from your bank to track your bank, credit card, or loan balances. Skwad can also track your real estate, vehicle, and other assets using third-party email alerts.
11

How long do transactions take to process?

When you set up automatic bank spending alerts, transactions show up in Skwad instantly. For uploads, it depends on how much text is on the receipt. Your average coffee shop or grocery store receipt will be processed in under a minute.
12

What file formats can I upload?

You can upload images, pdfs, and csv files directly on the website or forward emails with attachments to your dedicated Skwad scan email address.
13

Is there a transaction limit?

No, we don't have a transaction limit.
14

Can I export my transactions?

Yes, you can export all your transactions as a CSV file for your accountant or for your own analysis.
15

Why can't I find Skwad on the App Store or Google Play?

Our mobile app is currently in beta. Create an account to get a download link for iOS or Android.