Understanding Your Spending in Rankk

A long list of transactions can be hard to understand.

Rankk groups your purchases into clear spending categories, such as:

• Dining
• Groceries
• Shopping
• Housing
• Transportation
• Entertainment
• Bills and utilities
• Health

For example, instead of reviewing 30 separate purchases, you may see that you spent:

• $620 on groceries
• $310 on dining
• $240 on shopping
• $180 on transportation

This gives you a quicker picture of where most of your money went.

Learn more about how Rankk categorizes transactions.

Category views help you understand how much you spend on different parts of your life.

For example, you may notice that:

• Dining spending increased this month
• Grocery spending went down
• Shopping used more of your budget than expected
• Transportation costs have slowly increased

You can open a category to review the transactions included in its total.

Rankk can also show which businesses receive the most of your money.

For example, you may see that one delivery app made up more than half of your dining spending this month.

Merchant views can help you find:

• Where you shop most often
• Which merchants cost you the most
• Repeated purchases
• Changes in your usual spending
• Businesses you may no longer want to pay

Merchant names may sometimes look different from the name you recognize because financial institutions can send legal names, shortened names, or payment processor details.

Learn more about understanding your transactions.

You can compare your spending across different time periods.

For example, Rankk may show that you spent:

• $2,850 this month
• $2,430 last month
• $420 more than last month

Rankk can help show which categories or merchants caused the difference.

This is more useful than only knowing that your total spending increased.

Rankk may highlight changes that stand out from your normal activity.

For example:

• Dining increased by $160
• A subscription became more expensive
• A large purchase raised your shopping total
• Several small purchases added up to more than expected
• Your total monthly spending reached a new high

These details can help you understand what happened before deciding whether you need to make a change.

Not every transaction leaving an account should count as spending.

Moving money between your own accounts is normally a transfer.

For example, moving $500 from checking to savings does not mean you spent $500. The money is still yours and only moved between accounts.

Credit card payments should also be treated differently from the purchases made on the card. Otherwise, the same spending could be counted twice.

Learn more about how Rankk handles account transfers.

A pending transaction is still being processed.

Its amount, merchant, date, or category may change when it becomes completed.

For example, a restaurant charge may first appear as $45 and later become $54 after the tip is added.

Because of this, recent spending totals may change as pending transactions are completed.

Learn more about pending and completed transactions.

Your spending information can help power other Rankk tools.

It may be used to help you:

• Build and follow a budget
• Understand how much is safe to spend
• Find bills and subscriptions
• Review monthly cash flow
• Receive useful spending alerts
• Track progress toward financial goals
• Ask Rankk AI questions

For example, Rankk AI may review your recent spending, account balances, income, and upcoming bills when helping you understand how much you can safely spend.

Start by reviewing the transactions included in the total.

Check for:

1. A transaction in the wrong category
2. A pending and completed version of the same purchase
3. A transfer being counted as spending
4. A missing transaction
5. An account that has not updated
6. A connected account that should not be included

Learn more about:

• Why a transaction may appear twice
• Why account information may be missing or outdated
• How Rankk categorizes transactions

If the total still looks incorrect, contact Rankk support.

Include the category, time period, connected account, and any transactions that appear incorrect.

Do not include your password, verification code, or full account number.