Recurring Detection

When the same merchant charges you a similar amount on a regular cadence - weekly, biweekly, monthly, bimonthly, quarterly or yearly - it gets flagged as a candidate. Three signals are weighed together:

• The merchant name.
• How stable the amount is.
• The spacing between charges.

A coffee shop you visit five times a month will not qualify, because the cadence is irregular. A $14.99 streaming charge on the same day each month will.

Detection runs in the background as transactions arrive, so there is nothing to trigger. A single match is never enough: Cadence waits until it has seen the same charge at least a couple of times, which is why a brand-new subscription takes a month or two to surface.

Most of the everyday recurring charges that drift onto a statement:

• Streaming subscriptions.
• Software and cloud services.
• Gym memberships and fitness apps.
• Utilities including hydro, internet and mobile.
• Insurance premiums billed monthly or yearly.
• News, magazine and meal-kit subscriptions.

One-off purchases, variable bills with wildly different amounts each month, and transfers between your own accounts are filtered out so they do not clutter the list.

Detected patterns appear in two places:

• On the Budget page, the Bills section shows a Suggested Bills banner grouping what Cadence has spotted, so they are easy to triage together.
• In the Suggestions widget on your dashboard, which is where a subscription that started this month tends to catch your eye.

For each one you can accept it, dismiss it, or open it to adjust the details first. A dismissed suggestion will not come back for the same merchant, so it is safe to clear out anything that is not a real recurring charge.

1. Tap Review & Add on the suggestion.
2. Check the merchant name, amount, frequency and next due date, all pre-filled from the pattern Cadence observed.
3. Adjust anything that is not right.
4. Confirm.

The bill then shows up in the Upcoming Activity widget, in your cash flow forecast, and in any reminders you have enabled. Future charges from that merchant are matched to it automatically, so the forecast stays accurate without further work.

What Cadence detected is a starting point, not a contract. Open any bill afterwards to change the frequency, the due day, the expected amount or the category. That is useful for bills that step up at renewal, services that switch from monthly to annual billing, or a merchant name your bank reports badly.

Editing a converted bill does not affect the historical transactions it was based on. Past charges keep their original details and stay linked to the bill for reporting.

Forgotten subscriptions are one of the most common sources of unexplained spending. A monthly scan of your suggestions is the fastest way to catch the gym you stopped going to, the service you signed up for during a trial, or the second cloud storage plan you forgot you had.