Whether you’re a beginner or an expert in the world of finance, there’s a good chance that you’ve never even used a banking app. Not to worry, though. In this article, you’ll learn about the benefits of banking apps and how they can help you manage your money more efficiently. We’ll also share some of the best banking apps currently available. Are you ready? Let’s get started!
1. Buxfer: Best Cash Back & Coupon App
If you love coupons and saving money, we highly recommend downloading Buxfer. It is our top pick for the best cashback and coupon app currently on the market today. This app allows you to connect all major brands like Walgreens, Kohl’s, Starbucks, Amazon, Target, and many others. You can use the app as both a wallet and wallet replacement through which you can save lots of money each pay period.
2. Mint: Personal Money Management Software
As you probably know, it’s easy for our finances to spiral out of control. Luckily, there are apps such as Mint to track and understand where your money is going every month to adjust it and keep yourself on budget. It allows you to see transactions within different accounts and categorize them as bills, savings, and fun spending (if you want!).
3. Lending Club: Peer-to-Peer Lending
What happens when one person needs extra money but has bad credit or no credit? Nowadays, peer-to-peer lending services allow almost anyone with a high school diploma to secure a loan without filling out mountains of paperwork. However, be aware of scammers who attempt to lure borrowers into signing agreements with hidden fees, interest rates, and other charges. Be sure to borrow from credible lenders who offer great customer service and payment terms.
4. Digit: Save Money Anywhere, Anytime
Did someone at your office ask you what your bank account number was? If so, you’re using Digit, and if you aren’t using it yet, now might be the time to start. Digit sends you notifications whenever you earn money via PayPal, Venmo, or just by paying your everyday expenses; however, you have to sign up for Digit first. That being said, it’s free to open a Digit account. Once you do, you’ll be able to view your balance, review recent activity, request security codes, and much more. The key benefit of Digit is its ease of use. As soon as you link your bank account, credit card, PayPal account, Venmo account, debit card, or any other financial institution, all of your earnings will be funneled straight into your Digit dashboard automatically. You can choose to withdraw funds directly from your digital wallet or purchase something to make or save money instantly.
Dil Bole Oberoi
