Bank statement charge
What is ALBERT GENIUS EDI PYMNTS on my bank statement?
Who charged you
Albert money app: its subscription, savings transfers and advance repayments
ALBERT GENIUS EDI PYMNTS is Albert, the budgeting, banking and cash advance app, taking money from your bank account by bank transfer. It is usually Albert's monthly subscription fee. A line that says ALBERT SAVINGS instead is usually your own money moving into Albert Savings.
How it can show on a statement
ALBERT GENIUS EDI PYMNTSALBERT GENIUS EDI PYMNTS P_[number] WEB ID: [number]ALBERT SAVINGS EDI PYMNTS [number] WEB ID: [number]ALBERT EDI PYMNTS [code] WEB ID: [number]
1 more way it shows
ALBERT ALBERT.COM CA
Find out what it was
- 1
Read the word after ALBERT: GENIUS points to the subscription fee, SAVINGS to a transfer into your Albert Savings account. ALBERT.COM means the payment came off a debit card.
- 2
Open the Albert app, go to Profile, then the menu, then Payments to see your plan, its price and the payment dates.
- 3
Check Smart money in the Albert app: its transfers are often small amounts on a regular schedule, and your Albert Savings balance shows where the money went.
- 4
Look for an Albert Instant advance paid into your account in the week or two before the charge; a matching amount is usually its repayment.
- 5
Search your inbox and spam for Albert emails from around your sign up date; a first charge about 30 days later fits the end of the trial.
- 6
Still a charge you did not agree to? File your complaint here. We write it with you and send it to Albert, so you do not have to chase it yourself.
Not in any of your accounts? If nobody in your household made it, someone else may have used your card details. Your card issuer can stop the card, so the charges do not continue.
Why does it say “ALBERT GENIUS EDI PYMNTS”?
Albert collects most payments from the bank account you linked in the app by bank transfer. Your bank prints Albert's billing name, a label for the payment and EDI PYMNTS, the short description Albert sends with these transfers, followed by a reference number and an ID. Shared statements show ALBERT GENIUS on a subscription payment and ALBERT SAVINGS on transfers into Albert Savings; one also shows a line with no label at all, under the same ID as the savings transfers. When Albert takes a payment from a debit card instead, the line reads ALBERT ALBERT.COM.
Genius is Albert's AI money assistant and also the name of one of its paid plans; on the shared statement the GENIUS label sits on the subscription payment. Albert's terms allow it to split a subscription payment into separate charges and, if the main account cannot cover it, to take it from another bank account you linked.
Why you might see this charge
- The monthly Albert subscription, which starts after the 30 day trial for new customers and renews until it is stopped.
- A subscription payment split into two or more smaller charges, or taken from a second bank account you linked to Albert.
- Smart money or an automatic deposit moving money into Albert Savings (ALBERT SAVINGS): this stays your money and can be withdrawn.
- A repayment of an Albert Instant cash advance, taken directly or through Smart money deposits, which go to the advance balance first.
- A subscription that kept running after Smart money was paused, since pausing Smart money does not pause the subscription.
Is ALBERT GENIUS EDI PYMNTS legit?
Yes. Albert is a real US money app run by Albert Corporation. It offers cash advances, and banking and savings accounts held at partner banks. A line with ALBERT and EDI PYMNTS is normally a genuine transfer to Albert that was agreed to when the bank account was linked in the app.
Fake messages that use money app names do circulate. Match the date and amount with the Albert app and your own emails, never through a link in an unexpected text.
Other charges people look up
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|---|---|---|
| TILT FKA EMPOWER | Tilt (formerly Empower) | TILT FKA EMPOWER is Tilt, the cash advance and credit app that used to be called Empower; FKA means formerly known as. |
| XSOLLA | Xsolla | XSOLLA is Xsolla, a payment company that game studios use to sell games, in-game currency and items on their own… |
| BRIGHT MARKET LLC | FastSpring | BRIGHT MARKET LLC is FastSpring, a company that sells software, apps and online services on behalf of thousands of… |
| GOOGLE * | GOOGLE * is Google billing for something bought with a Google Account, followed by the developer, app or Google product. | |
| CLEVERBRIDGE | Cleverbridge | CLEVERBRIDGE or CBI* on a statement is Cleverbridge, a German company that sells software for other companies as the… |
| MSBILL.INFO | Microsoft | MSBILL.INFO is Microsoft's billing label for purchases and subscriptions on a Microsoft account. |
| LARGE DIGITAL GOODS MERCHANT | Very large digital stores (Apple, Microsoft and others) | LARGE DIGITAL GOODS MERCHANT is a card network category, not a company: some banking apps show it for purchases from… |
| 2CO.COM | 2Checkout | 2CO.COM is 2Checkout, a company that sells software and subscriptions on behalf of thousands of brands, including many… |
Questions about ALBERT GENIUS EDI PYMNTS
What is ALBERT GENIUS EDI PYMNTS?
It is Albert collecting a payment from your linked bank account, usually the monthly Albert subscription. EDI PYMNTS describes the bank transfer, not a separate company.
What is ALBERT SAVINGS EDI PYMNTS?
It is money moving from your bank account to Albert Savings, for example through Smart money or an automatic deposit. It is your own money, not a fee. One exception: while an Albert Instant advance is unpaid, Smart money deposits go to the advance first.
Why did Albert Genius take money from my account?
Usually because the 30 day trial ended and the monthly subscription started, or because a subscription payment was split or taken from another linked account. Smart money transfers and advance repayments also come out of your linked account.
What is Albert Genius Covina CA?
Covina, California is the mailing address Albert gives in its terms, so a line with Albert and Covina points to Albert. Compare the date and amount with the payments listed in the Albert app to see what it was for.
What if I did not agree to an ALBERT GENIUS EDI PYMNTS charge?
File a complaint on Complain.biz. We write it with you and send it to Albert, so you do not have to chase it yourself.
Based on
- How much does Albert cost? (Albert Help Center)
- Albert's Terms of Use: subscription plans and payments (Albert)
- Can I get a refund for Albert Genius? (Albert Help Center)
- How does Smart money work? (Albert Help Center)
- How does Savings work? (Albert Help Center)
- How do I repay cash advances? (Albert Help Center)
- What is Albert Genius? (Albert Help Center)
- Is Albert a bank? (Albert Help Center)
- Shared Chase checking statement with Albert Genius and Albert Savings EDI PYMNTS lines (reported)
- Shared Chase statement with an Albert Savings EDI PYMNTS line (reported)