Spending by Merchant: See Which Stores Get Your Money

The Merchants feature in WealthNX helps you see which businesses you spend money with most often and how much you spend at each one. Instead of just seeing your total spending on food or shopping, you can look at individual merchants to get a better understanding of your purchases. For example, you might notice that a large part of your food spending goes to one delivery service. This gives you a clearer picture of your spending habits and helps you identify which businesses account for the largest share of your expenses.

WealthNX uses merchant information from your connected bank and credit card transactions to identify purchases made at the same business. It groups transactions under the relevant merchant, allowing you to see how much you've spent there over a selected period. Sometimes, banks provide shortened names or unclear transaction descriptions, which can affect how accurately a merchant is identified. The Merchants feature helps bring these purchases together, making it easier to see which businesses you spend with most often.

WealthNX brings together merchant transactions from your supported bank and credit card accounts into one merchant spending view. If you shop at the same business using different cards, WealthNX can group those purchases under that merchant, helping you see how much you've spent there across your accounts. Instead of checking each account separately, you can see all your spending with a particular merchant in one place, based on the available transaction data. This makes it easier to identify where you shop most often and which businesses account for the largest share of your spending.

Yes. The Merchants view in WealthNX helps you plan your monthly budget by showing how much you spend at individual businesses, such as grocery stores, restaurants and online shops. By looking at your past spending, you can get a better idea of how much to budget for the coming month and where you might want to make adjustments. This gives you more detail than category totals alone, helping you set realistic spending limits based on your actual habits rather than estimates.

Yes, WealthNX lets you sort the Merchants view by how much you spend at each business or how often you make purchases there. Sorting by amount helps you identify the merchants where you spend the most money, while sorting by frequency shows which businesses you purchase from most regularly. For example, you might spend a large amount at one store occasionally but make smaller purchases at another several times a week. Both views help you better understand your spending habits and see how different purchases contribute to your overall expenses.

The merchant spending history available in WealthNX depends on how much transaction data your connected banks and financial institutions provide. When you first connect an account, WealthNX uses the available historical transactions to populate your Merchants view, allowing you to review past spending with different businesses. As new transactions become available, your merchant history can grow over time, giving you a broader picture of your spending patterns. The amount of history you can see may vary between accounts and financial institutions.