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10 Best Money Saving Apps in 2024

Like any other thing, money saving is also becoming digital these days. We could all do with some help when it comes to saving money! And with smartphones becoming increasingly more popular year after year, some great money-saving apps have been devised to help you with your spending and budgeting.

Best Money Saving Apps in 2024

Here is the list of the best money-saving apps in 2023.

1. Chip

Chip is one of the best money-saving apps which is available for iOS and Android. Just simply connect Chip to your bank account (don’t worry, it’s ‘read-only’ access), and then you can stash away money automatically! Chip does all the calculations for you and makes saving easy. You can also earn up to 5% interest on the money that you save!

2. Moneyhub

This is among the best money-saving apps that bring everything together! You can see all of your bank accounts, credit cards, savings, and borrowings all in one place. You also get insights into your spending habits and the tools you need to change your behavior. One of their best features is their ‘find advisor’ option. This money-saving app allows you to talk to a financial expert and ask for any advice you may need about managing your money. You can download it from the App Store or Google Store for 99p a month.

3. Squirrel

This is a money-saving app that has been highly praised by many, and even Money Saving Expert, Martin Lewis is a huge fan of this app! Squirrel was originally designed to help your money stretch till payday and stop you from running out of money. Your Squirrel account is a Barclays-held account and is also fully verified by the Financial Conduct Authority for that added peace of mind! It splits your salary up into bills, savings, and a weekly allowance to spend on whatever you like! You can try it for 8 weeks free before paying £9.99 a month!

Also Read: Top 3 Apps for Safe Money Transfers

4. TopCashback

If budgeting apps aren’t your thing and you prefer to earn when you spend, then TopCashback is perfect for you! You can save money with this app when you shop online or in-store with a TopCashback account. Just simply search their site for your favorite retailer, shop with them as usual, and receive cashback straight into your online account! You can then withdraw your funds into your bank account when it’s ready.

5. MoneyDashboard

Similar to Moneyhub, Money Dashboard is ‘the UK’s best personal finance app’ and is trusted by over 200,000 users in the UK. Have all your accounts in one place including current accounts, savings accounts, and credit cards. Set your budget each month, spend less, and compare your spending to previous months. It’s also free to use on iOS, Android, and desktop! This is also one of the most preferred and the best money-saving apps in the UK.

6. Cleo

One of the most interactive and the best money-saving apps on the list, Cleo is an artificial intelligence bot that looks after your money for you. Using Facebook Messenger, Cleo enables you to budget, save, and track your spending. You can ask Cleo anything like ‘What’s my balance’ or ‘How much can I spend today?’. The chatbot analyses your debit or credit card spending and then offers clear insights into your spending habits and how you need to adjust your budget to save more. Isn’t it the smart money-saving apps?

7. Goodbudget

This is the best money-saving app for couples who are saving together! You can share your budget with other users such as a partner or spouse. Set aside what you need each month and plan for any unexpected big expenses. You can sync your household budget across all your different devices and both users will receive notifications on spending. If you are a couple and looking for the best money-saving apps, you can consider Goodbudget.

8. CheckoutSmart

Similar to TopCashback, CheckoutSmart gives you cashback when you shop! You get exclusive rewards when you shop at your favorite supermarkets. All you need to do is sign up, shop, as usual, upload a picture of your receipt, and then get cashback straight into your account for specific products. However, you are charged a 5% fee if you withdraw anything less than £20 so it’s worth letting your savings build up before you withdraw. You can download this best money-saving app on your mobile and it is super easy to use.

9. ATM Locator

How annoying is it when you are charged at a cash machine to take out your own money? With an ATM locator app, you can find all the nearest cash machines that don’t charge to take your money out! It’s also great for when you’re traveling and aren’t familiar with the area. ATM locator is the best money-saving app for saving money on ATM transactions. Isn’t it impressive?

10. mySupermarket

Whether you’re an in-store or online shopper, the mySupermarket app is great! Save money on your weekly shop by creating a shopping list of the things you need within the app and then get access to which supermarket has your products at the cheapest price! When you’re in-store you can even scan the barcodes of products and get an instant result of where they are currently the cheapest! These best money-saving apps are like your shopping partner providing you the best advice while shopping.

Why you should use Money Saving Apps?

Best Money-saving apps are the need of the hour. With the changing money spending trends and the influence of social media on your expenditure habits, it’s important to keep track of your expenditures, and can be the best option for this. These money-saving apps help you to adjust your behavior patterns and assist you toward your saving journey.

These money-saving apps don’t request big amounts for savings but move small amounts from your regular expenses to your savings. The task is almost effortless and you don’t feel pressure on your pocket.

Once you have built up good savings with these money-saving apps, you can shift the money to your savings account. You can choose from the banks offering a high rate on your savings.

Are Money Saving Apps Safe?

When it comes to money, you want to use the most strutted platforms. Fintech companies work day and night to keep your data protected. The safety of the money-saving apps differs according to the company. It’s better to go through the terms and conditions of the money-saving apps and then decide which suits you the best and the safest. 

Ajeet Sharma, the founder of Financegab and a well-known name in the field of financial blogging. Blogging since 2017, he has the expertise and excellent knowledge about personal finance. Financegab is all about personal finance which aims to create awareness among people about personal finance and help them to make smart, well-informed financial decisions.


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