In a world where every penny counts, mobile apps can be your ultimate sidekick for saving money. There’s no shortage of apps available to help you cut down on bills, find the best deals, and manage your money. Here are a few apps that can help you save a penny or two.
Emma
Emma is a personal finance money management tool. It helps you find and track your subscriptions, bills and expenses. Like other apps on this list, Emma connects to your bank accounts through Open banking enabling it to identify and track your spending habits. You can see all your accounts in Emma giving you an easy overview of them in one place.
Key money-saving features:
- Helpful alerts and reminders - if a bill you’re paying’s going up and you could find it cheaper elsewhere, you’ll be notified.
- Subscriptions list - so you can actively see where your money is going e.g. broadband and energy.
- Clear upcoming payments - to make budgeting your bills and expenses easier.
Why we like it
Makes identifying unused or little-used subscriptions easy as well as tracking spending habits to find areas to save money.
Snoop
Like a personal money detective, Snoop can track your spending and look for ways you can save money and set budgets, putting you in control of your finances. The clever tech behind Snoop will identify unused subscriptions so you can decide if they’re still worth paying for and alert you to new deals like better offers on broadband, insurance and energy.
Key money-saving features:
- Analyses your spending - tracks recurring payments, highlights where you’re overspending and recommends ways you can save.
- Personalised tips - offers money-saving tips and deal alerts bespoke to you.
- Compare your spending - helpful features show your activity month-over-month.
Why we like it
It feels like having a savvy friend who always knows where to find the best deals. Does more of the leg work for you in spotting cost-cutting opportunities you otherwise might miss.
Moneybox
Moneybox combines savings and investment accounts, tools and financial education to help you take control of your finances without being overwhelmed by complexity.
Key money-saving features:
- Automatic round-ups - helping you save your spare change.
- A wide range of financial products - including savings, investments, ISAs, mortgages and personal pensions.
- Goal-based savings - set savings goals within the app, and Moneybox will provide tools to help you stay on track.
- Savings boost tools - “Payday Boost” lets you transfer extra money into savings on a fixed day you choose each month, helping you develop good savings habits.
Why we like it
Offers a wide variety of financial tools, savings and investment accounts and financial education. It’s also good for setting personalised savings goals.
Plum
Plum uses the power of AI to help you save without having to even think about it. It offers micro-investing that analyses your spending, rounds up your purchases to the nearest pound and automatically transfers small amounts into a savings pot. You can also use it to invest in stocks or get reminders to switch utility providers. It’s gradually expanded its range of financial products over time, currently offering savings accounts, a Cash ISA, pension and investments.
Key money-saving features:
- Automatic savings - set up rules so Plum sets aside a portion of your money.
- Round-up investments - invest your spare change from everyday purchases.
- Helpful insights - budget tracking and spending insights help you manage finances more effectively.
- An expanded financial range - help users identify and switch to cheaper providers for utilities, insurance, and more.
Why we like it
It takes the hassle out of saving. It’s like an AI-powered financial assistant.
Airtime Rewards
Airtime Rewards helps you save money on your mobile phone bill. The app links to your debit or credit card and then gives cashback on purchases you make from the platform’s retail partners. That cashback gets automatically deducted from your mobile phone bill helping to reduce your monthly costs.
Key money-saving features:
Cashback - applied directly to your phone bill with seamless payment card integration. Retail partners - a range of over 200 brands to shop and earn cashback towards your phone bill.
Why we like it
- Helps you save money on an expense many people pay for every month anyway.
VoucherCodes
A great app for deal hunters. VoucherCodes provides exclusive discount codes for major UK retailers and restaurants. It also offers access to student deals, dining offers, and free delivery codes.
Key money-saving features:
- Exclusive vouchers - discount codes and cashback deals with popular retailers and restaurants.
Why we like it
- It makes finding a money-saving bargain simple and convenient.
Raisin
Raisin acts as a savings marketplace where you can explore a variety of competitive savings products offered by partner banks. Raisin isn’t a bank itself but simplifies the process of finding, comparing, and managing savings accounts and connects to banks to help you get the best returns.
Key money-saving features:
- Finds and shares savings accounts - so you don’t have to do all the shopping around for the best rates.
- Helpful tools - automatically reinvests funds upon account maturity.
Why we like it
It takes more of the manual work out of finding and comparing savings accounts and the features they offer. Plus you can sometimes find offers exclusive to the platform.
Sprive
A smart mortgage assistant that helps homeowners manage and pay off their mortgages faster. Sprive automates making overpayments on a mortgage without interfering with a user’s regular budget or financial commitments.
Key money-saving features:
- Automatic mortgage overpayments - Sprive analyses your spending habits and identifies any extra money that can be put towards your mortgage.
- Mortgage progress tracking - provides a clear view of your mortgage balance, interest saved, and how overpayments are reducing the term of your loan.
- Integrates with UK mortgage lenders - so you can make automatic and direct mortgage payments.
Why we like it
Offers an automated, low-maintenance approach to mortgage repayments. Users can reap the benefits of paying off their mortgage early without requiring extensive financial knowledge or extra effort.
OLIO
The OLIO app focuses on reducing food and household item waste. It connects users to neighbours and local businesses to share their extra items for free or at a low cost.
Key money-saving features:
- Localised lists - shares free food and items near you.
- ‘Borrow’ section - helps find items you can return to their owners after you’ve used them.
- Become a ‘Food Waste Hero’ - and you can keep 10% of the food you collect from businesses before sharing the rest with the community.
Why we like it
Helps you save money on everyday items whilst building community and living more sustainably.
From budgeting to cashback, we hope you’ll discover some apps that’ll help make saving money easier whether you’re trying to reduce bills, avoid overspending, or score some freebies.
Risk warning
As always with investments, your capital is at risk. The value of your investment can go down as well as up, and you may get back less than you invest. This information should not be regarded as financial advice.
