Banknaked

Banknaked is a revolutionary financial transparency tool designed to expose the hidden fees and charges that banks quietly deduct from your accounts. The average consumer pays over €250 annually in unnecessary banking costs, often buried in complex statements. Banknaked solves this by using secure Open Banking connections to provide a clear, comprehensive breakdown of all your banking expenses. It automatically detects monthly maintenance fees, foreign exchange markups, ATM withdrawal charges, wire transfer costs, and other elusive "miscellaneous" fees. The service is built for anyone who wants to gain true clarity and control over their financial life, ensuring they are not losing money to opaque banking practices. With a staunch privacy-first approach, Banknaked offers read-only access and encrypted data processing, so your security is never compromised. In just minutes, users get a visual dashboard of their total fees, explanations in plain language, and personalized recommendations for cheaper banking alternatives tailored to their actual spending patterns. Start by exploring your costs for free and upgrade for deeper, ongoing insights.

Automated Fee Detection

Our advanced algorithms automatically scan your connected bank accounts to identify every charge. This includes recurring monthly account fees, foreign exchange markups on card transactions, ATM withdrawal fees, and wire transfer costs that are often hidden in lengthy statements.

Visual Fee Dashboard

Gain instant clarity with a clear, visual breakdown of your total banking costs over the last 12 months. The dashboard categorizes all fees into easy-to-understand charts, showing you exactly where your money is going without any financial jargon.

Personalized Bank Recommendations

Receive tailored suggestions for alternative banking providers that could save you significant money. Recommendations are based on your actual transaction history and fee profile, helping you switch to an account that genuinely fits your lifestyle.

Secure Open Banking Integration

Connect your bank in minutes through secure, certified Open Banking APIs. Banknaked uses read-only access, bank-level encryption, and is fully GDPR compliant. Your data is processed securely and never stored longer than necessary.

The Cost-Conscious Consumer

Individuals who want to optimize their monthly expenses use Banknaked to perform a quick health check on their bank accounts. They uncover hidden annual fees and receive data-driven recommendations for switching to a cheaper provider, potentially saving hundreds of euros.

The Frequent Traveler

People who travel or make purchases in foreign currencies use Banknaked to identify costly FX markups and international transaction fees charged by their bank. They then find and switch to accounts with better travel-friendly terms and lower foreign exchange costs.

The Financial Organizer

Anyone seeking full transparency in their financial life uses Banknaked to consolidate and understand all banking charges across multiple accounts in one simple dashboard. This provides a single source of truth for managing all banking-related expenses.

The Proactive Student or Graduate

Young adults opening their first accounts or managing student finances use Banknaked to ensure they are not overpaying for basic banking services. They find fee-free or low-cost accounts suited to their transaction patterns and limited income.

Is Banknaked safe to use?

Yes, security is our top priority. We use secure Open Banking APIs, which provide read-only access to your data. We never see your login credentials. All data is encrypted, processed securely, and we are fully GDPR compliant, never storing your information longer than necessary.

How much can I really save?

The average user uncovers over €250 in unnecessary fees per year. Your actual savings depend on your current bank and transaction habits. Banknaked provides a personalized analysis and shows you exactly what you're paying, with recommendations for cheaper alternatives.

Which banks can I connect?

Banknaked connects to most major European banks through secure Open Banking standards. The connection process is instant and guided within the app. We continuously add support for more financial institutions to increase our coverage.

What is the cost of using Banknaked?

You can start exploring your banking fees completely for free. This initial scan gives you a full breakdown of your costs. We offer optional premium upgrades for users who want ongoing monitoring, deeper historical analysis, and advanced insights.