Best Money Saving Apps Round Up. Revolut is the latest in a slew of challenger banks and apps that offer the option to save or invest your spare change. Introduced in january 2018, open banking enables third parties to access your financial information in a secure, encrypted way.
All these apps and features work by rounding up anything you spend to to the nearest pound and then saving the difference. But can spare change add up to a financial nest egg? These money saving apps help you save money by rounding up transactions from a linked card and saving the difference.
For example, you can ask the app to make a deposit every time you dine out or visit the gym.
For example, if you spend $4.66 on a latte, these apps can round up to $5 and put that $0.34 in savings for you. Koho is a different type of money management app. Includes $5 bonus offers for beginners to get started saving today. Challenger bank revolut has launched a feature that allows customers to save money by rounding up every transaction.