Whether you’re planning to buy a new car, travel around the world, or set up an emergency fund, saving money is important, but it can be challenging.
Fortunately, there are many apps–mobile and website–that are helping many automatically save. The alternative is simply opening additional savings accounts with your current bank and set automatic transfers.
Or you can use these apps to help you save effortlessly.
For transparency, I currently use all these apps and I do have an affiliate relationship with them. If you decide to use these apps, they pay us a commission that fuels our mission. And this helps us continue creating great stuff for you.
Here is our list of the best automatic savings apps for your money.
Best for Savings Goals: QAPITAL
Qapital is an easy savings service that has a very visually appealing app. You can set rules to automatically save. Walk 10,000 steps? Save $10. How much you save is up to you and using “rules” help reward positive habits.
Qapital is FDIC insured. You’re required to attach an existing checking account to the app. In addition to the savings features, you can request a prepaid debit card too. There are no fees to use Qapital.Read Qapital Review
- The app is free and easy to set up with visually appealing savings buckets
- Rounds up your purchases to the nearest dollar, moves it into your buckets
- Set up activity rewards that trigger a transfer to savings
- Bonus: Get $5 by using our link
Best for Automatic Recurring Savings: RIZE
Rize is a new app that helps make saving money easy by giving you more control over how much to save. You’re not going to depend completely on artificial intelligence. The Rize app’s goal is to get you be involved in your savings so you’re more aware of how you’re reaching your goals.
Rize doesn’t have a set fee for using its service, but you can choose to give Rize a “tip” for helping you save. You can set it to $0, $1, $5, or more. If you find the app valuable, help them improve the app with monthly service tip. Transfers are made from your connected checking account. They will not transfer money out if your balance falls under $100. However, you can override the rule.Read Rize Review
- Easy to join and set savings goals with as little as $1
- More control to set recurring savings transfers, save with a purpose
- You decide how much you want to pay for the service
- Bonus: Get $5 by using our link
Best for Savings with Artificial Intelligence: DIGIT
Digit is a mobile app, website, and text-based savings system that enables you to save money using artificial intelligence. Digit looks at your available checking balance and determines the safe amount to transfer into your Digit savings account taking away the guesswork. Money is withdrawn daily and can easily be transferred back into your checking account.
There is a monthly fee of $2.99 to use the service. This app is recommended for those who have been unable to save and need additional help. **Special Free 100 Day TrialRead Digit Review
- Easy to join and set up an account
- Automatic transfers using artificial intelligence
- Quick transfers back into your primary checking account
- Bonus: Get a 100-day free trial
Best for Online and Branch Access: CAPITAL ONE 360
Capital One 360 provides online banking along with many brick-and-mortar branches that make managing your money simple. Capital One 360 offers free savings account with no fees or minimums and plus access to over 39,000 fee-free Allpoint® ATMs.
With Capital One 360, you can open multiple savings accounts and set up transfers easily online and on the mobile app.Read Capital One 360 Review
- No monthly fees or minimum requirements
- Set up multiple savings accounts with unique account titles
- Online and branch access
- Bonus: Get $25 Sign up Bonus
The Smile Summary: Best Automatic Savings Apps to Help You Save More
These are savings apps that are worth a try if you’ve been looking for better and easier ways to save. These apps have some similar functionality but are best in their niche areas. Discover which app is best for your situation.