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How Otto works



How Otto works

With your money all mixed up in one checking account, it's hard to know how much money you have, and what it's for. 

Otto organizes the money in your checking account into separate sub-accounts, each with it's own purpose.  Otto then merges your money with your credit card spending, so you always know how much money you still have available.

Use sub-accounts

  • Otto creates sub-accounts within your own checking account.

  • An Income Account collects any incoming money. 

  • A Bills Account holds the money needed to cover your bills.

  • A Spending Account shows you how much money you have available to spend.

Organize your income

  • When money comes into your checking account, Otto puts it in your Income Account.

  • You can then organize your income based on how you plan to use it.

  • As you pay your bills, the money comes directly out of your Bills Account.

Merge your money with your credit card spending

  • Otto uploads all of your credit card charges.

  • As your charges come in, assign each charge to the sub-account that will cover it.

  • As you assign your charges, Otto moves the money into your Credit Card Payoff Account.

  • When your credit card payments come due, money is already set aside for this purpose.

Customize Otto to meet your needs

  • You can further organize your spending by adding additional sub-accounts.

  • You can also use sub-accounts to organize the money in your savings account.

  • Create sub-accounts for any purpose that is important to you.

  • With Otto it's easy to always know how much money you have and what it's for.