Hello!
How can we help?

Send us an email at hello@brightmoney.co.
We're always happy to chat or get feedback

How does the Bright decide to pay my credit cards?

Bright’s algorithm looks at millions of data points and analyses your historic transactions over the past 5 years, to build a deep understanding of your spending habits and income.

Each day Bright looks at 4 key areas to assess how much to pay:

  • Credit card balances and due dates

  • Checking account balance
  • Income, both recurring pay checks and other irregular income
  • Upcoming bills like rent, loan payments or childcare

Based on this Bright allocates the right amount to your credit card, paying down towards the Min Due and eventually your balance. Bright finds the right amount to pay, that you won’t need for upcoming bills.

Was this article helpful?

Still can't find what you looking for?

Send us an email at hello@brightmoney.co. We're always happy to chat or get feedback