StatementCheap

About StatementCheap

Updated · By the StatementCheap team

StatementCheap turns PDF bank and credit card statements into Excel, CSV, QuickBooks, Xero and OFX files, and checks every conversion against the statement's own balances. It is run by Creative Current LLC, a company registered in New Mexico, USA.

Who runs StatementCheap?

StatementCheap is operated by Creative Current LLC, a limited liability company registered in New Mexico, in the United States. Creative Current LLC is the company you deal with when you buy pages or a plan, and it is the "controller" named in our privacy policy.

StatementCheap is independent. It isn't owned by or affiliated with any bank, or with Intuit (QuickBooks), Xero or Microsoft.

What does StatementCheap do?

It reads a PDF statement and gives you one row per transaction, with the date, description, signed amount, running balance and check number. You can download the result as:

  • Excel (.xlsx), with real dates and numbers and a summary sheet
  • CSV, with one amount column or separate debit and credit columns
  • QuickBooks: a .qbo Web Connect file or the 3-column CSV
  • Xero CSV
  • OFX and QFX

It works with statements from any bank in any country, including scanned statements. Each file can be up to 200 pages and 25 MB.

Before you download, we check the result against the statement. The opening balance plus money in minus money out has to equal the closing balance, and printed running balances are checked row by row. Our accuracy page explains the check and publishes our test results.

We also offer free bank file converters (QFX to QBO, QIF to QBO, CSV to OFX and more) that run entirely in your browser.

Why is it so cheap?

Because reading one statement page with AI costs us about a quarter of a cent (around US$0.0025), we can charge under 1 cent a page on our larger plans and still run a sustainable business.

Statement converters have traditionally charged 6 to 30 cents or more a page. Some of that cost came from older OCR software, per-bank templates and manual review. We read statements with open AI models that Cloudflare hosts on its Workers AI platform, on the same network that runs the site. There are no per-bank templates to maintain, and the product does one job.

PlanPricePagesCost per page
Free$05 a day, no sign-upfree
Page pack$6 one-time150, never expire4.0¢
Starter$9/month500 a month1.8¢
Pro$19/month2,000 a month0.95¢
Business$49/month7,500 a month0.65¢

Yearly plans get 2 months free. A failed conversion is never charged. See pricing.

What happens to your files?

Your statement is processed in memory and not stored by StatementCheap. The converted rows go back to your browser and are not kept on our servers.

  • What we keep: only metadata about each conversion (page count, date, and whether it reconciled), for billing and abuse prevention.
  • Who reads the file: AI models running on Cloudflare Workers AI. Under Cloudflare's Workers AI data-usage commitments, inputs and outputs are not retained after the response is delivered and are not used to train models. No third-party AI company, such as OpenAI or Google, sees your files.
  • Other providers: Stripe handles payments (we never see card numbers), Resend sends login codes and receipts, and Cloudflare hosts the site.
  • In transit: all traffic is encrypted with HTTPS.
  • Free tools: the bank file converters never upload your file at all. They run in your browser.

We don't run ads, use analytics or advertising trackers, or sell data. The full details are in our privacy policy.

Who uses it?

StatementCheap is built for people who turn statements into spreadsheets or books: bookkeepers, accountants and tax preparers, mortgage brokers and lenders, lawyers working on divorce, discovery or fraud matters, small business owners, and anyone with a one-off pile of old statements.

How can you contact us?

Use the contact form. We reply by email, usually within a day. Write to us if a conversion looks wrong, you have a billing question, or you need more than 7,500 pages a month.

Key facts

Product
StatementCheap, a PDF bank and credit card statement converter
Operator
Creative Current LLC, New Mexico, USA
Output formats
Excel (.xlsx), CSV, QuickBooks (.qbo and 3-column CSV), Xero CSV, OFX, QFX
Balance check
Every conversion: opening + money in − money out = closing, plus running balances row by row
Measured accuracy
628 of 628 transactions, 8 of 8 statements reconciled, in our October 2026 test on synthetic statements (details and limits)
Free tier
5 pages a day, no sign-up
Paid options
$6 for 150 pages (never expire); plans $9, $19 and $49 a month for 500, 2,000 and 7,500 pages
Limits
PDF up to 200 pages and 25 MB per file
File storage
Statements are not stored; only page count, date and reconciliation status are kept
AI processing
Open models on Cloudflare Workers AI; no retention, no training on your files
Payments
Stripe
Contact
Contact form, reply by email

FAQ

Who owns StatementCheap?
StatementCheap is operated by Creative Current LLC, a limited liability company registered in New Mexico, USA. It isn't affiliated with any bank or with Intuit, Xero or Microsoft.
Why is StatementCheap cheaper than other converters?
Reading a page with AI costs us about a quarter of a cent, so we can charge under 1 cent a page on the Pro and Business plans. There are no per-bank templates or manual review to pay for.
Does StatementCheap store my bank statements?
No. Files are processed in memory and not stored, and the converted rows go back to your browser. We keep only metadata: page count, date and whether the statement reconciled.
Is my statement used to train AI?
No. Statements are read by models on Cloudflare Workers AI, which doesn't retain inputs or outputs after the response and doesn't train on customer content. No third-party AI company sees the file.
How do I contact StatementCheap?
Through the contact form. We reply by email, usually within a day.