iPhone Screenshots

Description

Tally makes it easy to save money, manage credit cards and pay down balances faster. Tally members have an average lifetime savings of $5,300.

Tally is only available in certain states. You need a 660+ FICO Score to qualify. (Scroll down to see where Tally is available and which cards Tally supports.)

1. Download Tally
In under 10 minutes, Tally can help you get on the path to being debt-free. There’s no risk to sign up and it won’t hurt your credit score.

2. Scan your credit cards securely
Tally analyzes your credit cards and finds ways to help you eliminate debt and save money. Keeping your data safe is our top priority. That’s why all your information is transmitted through secure SSL encryption and is never stored on your phone.

3. Find your savings
If you qualify, Tally gives you a line of credit with a low APR, then uses the new credit line to pay your credit cards every month. The low APR helps save you money on interest. (Scroll down to see what Tally charges.)

4. Organize your cards
Tally manages all your credit cards in one simple app. Tally keeps track of the balances, interest rates and due dates for each card. That’s how Tally makes the right payment to the right card at the right time. All you have to do is make one monthly payment to Tally.

5. Say goodbye to late fees
Tally’s late fee protection gives you the peace of mind of autopay without the fear of overdraft. As long as you’re in good standing with Tally, you never have to worry about late fees again. Plus, Tally never charges fees of any kind!

6. Be debt-free faster
That’s it. Tally helps separate the burden of credit cards from the benefits. Keep using your credit cards for the perks and rewards and let Tally handle the hard work. No tricks or gimmicks. Just a smarter way to manage your cards and a faster way to pay down debt.

FAQ

What does Tally charge?
To get the benefits of Tally, you must qualify for and accept a Tally credit line. Depending on your credit history, your APR will be between 7.9% and 25.9% and vary with the Prime Rate. (Information accurate as of January 2020.)

How does Tally estimate average lifetime savings?
We calculated this average in May 2019 and compared the interest users would pay with and without Tally. We evaluated users with a Tally line of credit between 11/2017 and 02/2019 and assumed they stay Tally users until their Tally and credit card balances are fully repaid. We excluded delinquent users, users who did not use Tally’s line of credit, and credit cards with APRs lower than the Tally APR (since Tally wouldn’t pay those cards, except for late fee protection). For each user, we assumed 1) an average APR weighted by the user’s initial credit card balances and APRs; 2) an average monthly payment based on the user’s payment history while using Tally; and 3) an average monthly credit card spend based on the user’s spend while using Tally.

How does Tally save me money?
Tally uses your Tally credit line to pay your high APR credit cards, saving you money on interest. Tally’s late fee protection also ensures you never miss a payment.

DETAILS

Tally is available to people in Arkansas, Arizona, California, Colorado, Connecticut, Florida, Idaho, Illinois, Iowa, Indiana, Louisiana, Maryland, Massachusetts, Michigan, Minnesota, Missouri, New Jersey, New Mexico, New York, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, South Dakota, Tennessee, Texas, Utah, Washington, Washington, D.C., and Wisconsin.

Tally supports most cards from American Express, Bank of America, Barclays, Capital One, Chase, Citibank, Discover, First Bankcard, Fifth Third Bank, US Bank and Wells Fargo, as well as cards from Amazon, Best Buy, Home Depot, Macy’s, Sears, Target, TJ Maxx and Walmart.

The Tally app and servicing is only available in English. If there is any discrepancy between translations, the English version prevails over other translations.

Tally Technologies, Inc. (NMLS # 1492782) https://nmlsconsumeraccess.org/

What’s New

Version 4.33.0

We've made a few bug fixes and improvements to make managing your debt even easier.

Ratings and Reviews

4.5 out of 5
15.1K Ratings

15.1K Ratings

PAC rob ,

Tally is a interest saver and stress reliever.

Tally has simplified my balancing 5 credit cards making sure everything is paid off I never missed a payment in my life yet I needed help organizing my credit card debt and being able to pay it down now since i got Tally all I do is weekly pay a set amount I budgeted for my debt weekly so on pay day I wake up my check from work is already deposited so I immediately pay tally $250 every week I let the app decide how to pay my debt off and I get a weekly report of how much saved interest I do have to run #s think about due payments or anything just pay weekly and save I’m not a bot or paid person lol you don’t have to pay as much as me in just trying to pay my debt down quick so I do the maximum I can budget from my weekly pay but if you budget yourself pay what you can as much as you can just give it to Tally and relieve your mental stress I love it I still got long ways to go on my debt but I’m no longer stressed like I use to be...

Revredrusty ,

What you need to know about this service

First you need a minimum fico credit score of 660 to be approved for a line of credit. So if you don’t have that high of a score don’t even waste your time trying this option. Secondly when I spoke to the rep over the phone they could not be specific on how balances are paid down or off. They did advise that you can specify how you want your debt paid by using the line of credit. The run down is this. Your APR is going to range from 7.9%-21% roughly. I’m just making this comment so it’s easier for us consumers to see it. So they have a formula which I was unable to get from the rep over the phone. So since I don’t have their formula on how the APR brackets break down as far as the interest rates you might be funneled into I can’t really comment on that. But if their minimum fico score is 660 I think it’s pretty safe to say your going be in their higher APR bracket. And depending on your credit worthiness and debt history and payment history probably has a factor as well. Just saying this app sounds great and I would love to have just one payment and all cards paid off and just pay tally at a lower interest rate. Realistically though for me it sounds like tally would become another debtor added to my portfolio especially if my line of credit doesn’t cover all the debt of the cards. Just be vigilant before proceeding with this offer. Hope this helps someone.

Consumer with debt

Developer Response ,

Hi Revredrusty,

Thanks for your feedback. We wanted to clear up a few things that you mentioned.

1. The reason we can’t be specific about paying your card balances before you sign up for Tally is that we can’t see your card information! Tally is able to help different users in vastly different ways. Once you get through enough of the sign-up process and if you are eligible for Tally, we’ll be able to see your cards and walk you through the payments we’d plan to make to them if you did decide to activate with us.

2. Our system takes into consideration multiple factors when determining eligibility and interest rates. We hope to be able to offer an interest rate that can save you money on interest, in order to help you feel less stressed financially and help pay down your debt faster.

Best,
The Tally Team

slmu27 ,

Yikes

2 stars for concept, but this app is terrible. I downloaded it to redeem the $50 Groupon deal, not realizing that so much personal information would be required (name, address, credit card number, credit card login, and a soft credit check). I unsuccessfully linked my credit card because I couldn’t remember my card login information. Okay, all of this is my fault. I should’ve done more research and had my information readily available. However, the app is terribly designed. Not only have they forgotten to put in “back” buttons to return to a previous screen - meaning you have to fully exit the app to get out of certain screens - but they’ve added unnecessary animations and haptics that take WAY too long to finish and you cannot navigate out of them before they’re done. Plus, once you’ve added one credit card, there is no option to add another before signing up for their line of credit (which I can only assume results in a hard credit check). At this point I have no idea how to just get the $50 applied toward my credit cards, and I’d rather not take a hard credit inquiry to my credit score anyway, so I’m deleting the app.

Developer Response ,

Hi, thanks for sharing your experience. In order to qualify for our Groupon credit, you must be eligible for our credit line and have over $1,000 in interest bearing debt across all of your linked credit cards. These details are disclosed on the Groupon voucher before your purchase but perhaps we can be more transparent. During the registration process, Tally will only perform a soft credit check to verify your identity and view your credit history to help determine your eligibility for a Tally credit line. If you have any additional questions please do not hesitate to reach back out. We appreciate your feedback!

App Privacy

The developer, Tally Technologies, Inc., indicated that the app’s privacy practices may include handling of data as described below. For more information, see the developer’s privacy policy.

Data Used to Track You

The following data may be used to track you across apps and websites owned by other companies:

  • Contact Info
  • Identifiers

Data Linked to You

The following data may be collected and linked to your identity:

  • Financial Info
  • Contact Info
  • User Content
  • Identifiers
  • Usage Data

Data Not Linked to You

The following data may be collected but it is not linked to your identity:

  • Diagnostics

Privacy practices may vary, for example, based on the features you use or your age. Learn More

Supports

  • Family Sharing

    With Family Sharing set up, up to six family members can use this app.

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