The Best Auto Savings Apps (UK): Chip, Plum, Moneybox, Monzo, Chase and more

[@ajulydreamer]

Love plum and round up feature on monzo. Great video

[@pearcejackson]

Andy, apologies if you’ve mentioned it elsewhere. I used to have chip a couple of years back then ditched when they started charging. Went with plum and very happy with it. Just looking to diversify funds a bit more; would you suggest running both plum and chip concurrently? Would there be any downsides to this? Or is it best just to stick with one?

[@Flemming4649]

Hi Andy good video as always. I know it’s a bit niche but you didn’t mention Sprive for saving on your mortgage. Maybe an idea for a future video😀

[@dorenpurgatorio1755]

Can you also explain further the new terms of chip which says goobye bonus, hello interest. It sounds like ill be paying charges than earning interest. Please enlighten me. Thank you.

[@hyp3rimag]

Anything like this for the US?

[@JamieBarton1984]

I've tried chip before (£20 bribe) and the major issue I have with these is psychological. If I'm just moving money from my current account to savings, by SO or by algorithm, if I don't have an end goal for what I'm saving for it's a bit pointless. I can just take it back out again if I fancy or just use it as a 'backup tank'. If I know it's being saved for a new roof or car maintenance then I know I can't spend it. These apps are just a bit airy-fairy really for me, I guess.

[@caroltan8718]

I downloaded it yesterday after watching this video. The app now allows you to set up goals and even allows you to put percentages of your savings into different goals according to your preferences which I think it’s a great idea!

[@Kaothar]

I have a cash ISA already. I am confused whether Chip and Plum are considered an ISA saving account? Will my year allowance of £20000 be affected if I use Plum to round up every amount I spend and save for me?

[@noxiouschocolate9644]

I’ve tried chip before and I liked it, but stopped using it after they added a charge for autosaves, i wanted to try out plum since auto saving is free, but I’ve been seeing some really bad reviews recently due to money going missing

[@alex.g7317]

Ayo? I use Plum. Now I’m getting the heebie-jeebies!

[@connaisaacson8705]

Hi with The Plum App How Long Do You Suggest Save Money In The pocket Before Transferring It Back To Your Current Account The amount you have saved in the pocket before u get charged any interest as I wanna save as much money as I can each time in the pocket Thanks conna

[@davidmiscavige5663]

Why Do You type like this?

[@Cryptorockets]

Have you signed up to the EVERYTHING debit card? Can get what you spend back instantly as a reward

[@richardwalsh3208]

Hi Andy I've set up a plum and a moneybox account for the nationwide incentive. I've set them both for £2 week which I will then transfer back after I have received incentive. Just checking this will meet criteria ?

[@BeCleverWithYourCash]

Yep, as long as they’re DDs they’ll be fine

[@richardwalsh3208]

@@BeCleverWithYourCash excellent, thanks for the reply. New subscriber and your content is great 👍

[@Harz77]

I seriously need help or some reassurance. My dad gifts me money each week to my Santander account that I’ve had since I was 16. I then transfer it to my monzo account to save money as I prefer the layout and how it’s easy to send money to friends. I haven’t activated monzo as my main account but I have a relative large sum in there. I’m worried that monzo will just randomly close my account because I transfer money from my other accounts. I’ve read online and I’m petrified as I use monzo for practically everything now a part from receiving my wage in there! Where should I store my money? Help😫

[@forestgrumpy119]

Normal bank

[@forestgrumpy119]

Practice discipline early and put it into a savings account it would be worth he effort you’ll be able to overcome temptation easier the earlier u learn it