This mobile-first bank blends behavioral psychology with technology, allowing users to passively save and invest with customizable triggers. We selected Qapital as the best money-saving app for setting and saving for goals due to its unique approach to target-based savings. With no overdraft, service or foreign transaction fees, Chime makes money from “interchange” fees paid to Chime by Visa. In other words, Chime will spot you some money until your next deposit arrives. Account holders who receive direct deposits also get access to a feature called SpotMe® that offers fee-free overdraft up to $200 for eligible members. Chime® High-Yield Savings Account currently pays a competitive 2.00% APY.Ĭhime offers a Get Paid Early feature that lets you receive direct-deposited paychecks up to two days early. The Save When I Get Paid feature allows account holders who receive direct deposit to automatically transfer up to 10% of their deposits directly into their savings account. With Save When You Spend, Chime automatically rounds up purchases made with your Chime debit card to the nearest dollar and transfers the difference from your spending account into your savings account. Chime also has two automatic savings features: Save When You Spend and Save When I Get Paid. Mobile banking app Chime made this list as the best money-saving app for all-in-one financial services because it offers a spending account, Visa debit card and optional high-yield savings account all in one app. And the fintech’s Learn feature includes a financial literacy platform aimed at educating its users on budgeting, debt and saving, among other topics.īest for All-In-One Financial Services Why We Picked It The Acorns Earn program gives you access to more than 15,000 offers from thousands of popular brands. (Acorns selects the best IRA for you based on your financial profile.) With all plans, you’ll have access to Acorns Later-the startup’s IRA option-allowing you to begin investing in a Roth IRA, Traditional IRA or SEP IRA with just $5. And for $9 a month, Acorns Premium users can get GoHenry debit cards for kids, more investing options and perks and more. For $5 a month, Acorns Personal Plus users qualify for an investment match from Acorns and an emergency fund. For $3 a month, Acorns Personal users get access to an FDIC-protected checking account and debit card, allowing for real-time round-ups, no minimum balance or overdraft fees and unlimited free or fee-reimbursed ATM withdrawals. With more than 10 million users, Acorns has expanded beyond micro-investing and now has five products and three subscription plans. OverviewĪcorns launched in 2014 with a mission to invest your spare change. This allows users to effortlessly save and invest spare change without thinking about it. Best for Investing Spare Change Why We Picked ItĪcorns was chosen as the best money-saving app for investing spare change thanks to its Round-Ups feature, which automatically rounds your purchases up to the nearest dollar and invests the difference into a diversified portfolio of low-cost index ETFs.
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