4 Apps to help you save for a deposit

Struggling to save for a deposit right now? Not to worry! 

Thanks to technology there are a whole range of secure finance apps out there, all designed to help you build a sizeable savings pot and make your dreams of moving home into a reality.

We’ve put together 4 of our favourite money-saving apps to help save that spare change and make things easier for yourself and the future.

Monzo

Currently used by over 4.5 million people, Monzo has been helping people spend, save and manage their money since 2015.

Use custom pot images as a motivator for what you’re saving up for, as well as signing up for roundups and automated savings every time you spend to help you stay on track. Also benefit from a range of savings options including competitive rates.

Simply open a full UK bank account from your phone for free on the App Store or Google Play today and watch your pennies add up. Every little counts!

Plum

Another popular finance app designed to build your piggy bank is Plum – The AI assistant that grows your money. Used by over 1 million people, this smart app uses the latest technology to analyze your spending and help you save without even thinking about it.

With Plum you’re always in control of how much money you’d like to put aside and you can withdraw your account at any point. Even better, there are so many ways to automate Plum and achieve your goals quicker than expected. This includes the 52-week challenge which helps you save £1,378 in a year and the pay day programme which automatically sets money aside when you get paid.

Quidco

One of the leading UK cashback websites designed to help you earn whenever you shop is Quidco. Having been around since 2005 and used by over 10 million members, there’s no limit to how much you can earn.

Simply register for a free account on the website or app store and have a browse of over 4,500 retailers. Once you spot something you like, simply shop as normal and Quidco will do the rest. Getting paid is easy and secure and there are no hidden charges. It’s as simple as that.

Join today and get cashback on all your purchases!

Money Dashboard

Stay on top of your spending stress free with Money Dashboard, used by over 500,000 people!

After registering an account you’ll be asked to choose from four goals:

  • I want to buy a house
  • I want to pay off debt
  • I want to grow my savings
  • I want to go on holiday

From there, this thoughtfully designed app will show you the bigger picture. Visual dashboards that you can access at any time will show you where your money is going and tracks your current spending habits, helping you to start saving and planning for the future.

With all the answers you need to help make your money management decisions, saving has never been easier.

You’re on the right track

With so many apps invented to help you plan for the future and achieve your personal goals, there has never been a better time to start saving for a house deposit. Relax, sit back, and choose an app that suits you best. It’s time to watch them do the work!

In the meantime, why not prepare for moving day and get some home interior inspiration or an idea of what costs to expect when buying your next home.

FAQs