To help your personal money management, Bright operates with MoneyScience which is a data-driven system. The system designs a financial plan based on your finances and spending habits. It then will determine a specific amount of money to take from your checking account every two to three days which is placed in your Bright Account. This money is then used to pay your credit card payments. The system considers minimum payments due, credit card account balances, possible interest savings on debt, and how much money you can realistically put towards paying down your balances.
In the app, you still can have control over your money. You can move money back to your checking account from your Bright Account anytime. You can set limits on how much money Bright moves from your account each month. You can also set a balance limit so Bright won’t cause an overdraft or lower your checking account fall balance below a certain number. Using artificial intelligence, Bright is able to automatically adjust each week the amount it transfers from your account.