Does Cardeo connect with all credit cards?

Cardeo connected with almost all credit card providers in the UK. It was working on adding more credit card providers, but this involved getting all UK credit cards compliant with open banking law. You could see a list of the supported cards on the Cardeo website, as well as vote for the cards you wanted most and get notified when they were added to Cardeo.

How does Cardeo save me money?

Cardeo will send you payment reminders to ensure you make your monthly credit card repayments on time. This enables you to avoid extra interest and late payment fees from your card provider. You can also choose to focus on paying off your highest interest rate credit cards first, so that you clear these faster and save money.

Does Cardeo affect your credit score?

Cardeo sent you payment reminders to ensure you made your monthly credit card repayments on time. This enabled you to avoid extra interest and late payment fees from your card provider. You could also choose to focus on paying off your highest interest rate credit cards first, so that you cleared these faster and saved money.

When you made payments through Cardeo, your money was stored in an e-wallet account before being sent to your credit cards. Cardeo partnered with e-money firm Modulr to provide your wallet, and Modulr safeguarded your funds in a separate account. That meant your money was protected if Modulr collapsed. However, your funds weren’t protected by the Financial Services Compensation Scheme (FSCS). Cardeo connected to your accounts in an encrypted way using standard and highly secure open banking.