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.
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.
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/
Tally uses automation to pay down your credit card debt, but we know how important it is to have a personal connection, too.
We’ve updated the app to include new ways to stay connected and send updates about new offerings from Tally.
Ratings and ReviewsSee All
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...
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 ,
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.
The Tally Team
App needs update,but tally is awesome
As an idea Tally is great! If u have a good credit score,660+, u qualify. They did a soft check that doesn’t show up on my credit report and got approved for 3k 16% apr. love the idea that I can transfer the balance of my first ever credit card with apr 28% to tally. It helps me pay down my balance saving money. The big deal about this app though is that ur tally balance doesn’t show up on ur credit report so since I paid off my credit card my credit score improved! U just need to stay away from using ur card again because then u really didn’t help urself, u just dig a hole!
Also, customer service is awesome. They get back to me super fast, always giving me answers.
My only “problem” would be the app. They need to upgrade it and have more functionality! It’s very limited on the options u have, for example, to add a specific bank as ur checking account u need to call them. U can’t do it through the app. Or if u pay a card it takes about 1-2 days to update the balance. That’s something that they could work on. But as an idea, tally is awesome! I'm using Tally to tackle credit card debt. That’s my referral JCLFl6Hc14
Developer Response ,
Hi Mrs. Lyds, thank you for sharing your experience and for your feedback. We're happy to hear that you're loving our app so far! We are always looking to make our app better for our users. If you have any other questions or concerns please email us at firstname.lastname@example.org and our team will be happy to help! - Jay from User Success
With Family Sharing set up, up to six family members can use this app.