Digit App Review. Digit App Review Advertiser Disclosure This article/post contains references to products or services from one or more of our advertisers or partners. We may receive compensation when you click on. Overall, Digit is a legit and safe app that anyone who wants to save more money can benefit from. Sure, you might not get rich off the money you save with Digit, but it gets you into the habit of saving, which is the first step towards better financial health and security. Drawbacks of the digit app. Not offering interest on deposits held with Digit is a big drawback. There are plenty of high-yield, online savings accounts that reward you with up to over 2% APY, which can make a big difference in your budget.; With the $5 monthly fee, the 1% annualized savings bonus for saving for three consecutive months is insignificant, and provides little value.
Digit has a 4.4 rating on the Google Play store and a 4.7 rating on the iPhone app store; both ratings are out of 5. Digit works with more than 2,500 banks so there’s a good chance it will connect with your bank account. Here is my review of Digit app, and my review of Acorns […] Reply. Acorns Review Automated Investing Scam or Legit - FinaceGourmet says: February 14, 2015 at 9:34 am […] sooner than had I finished my Digit review, than I saw an ad for another automated savings app on Facebook that takes a different tack for […]
Digit works in a similar way to Acorns, so take a look at our review of that app also. In summary, Digit is a neat savings app which will help you build some savings automatically in a way that you will not notice. It’s a great way to get started saving and will help you build a nice nest egg for something along the road. Visit Digit
Digit App Review Advertiser Disclosure This article/post contains references to products or services from one or more of our advertisers or partners. We may receive compensation when you click on. Overall, Digit is a legit and safe app that anyone who wants to save more money can benefit from. Sure, you might not get rich off the money you save with Digit, but it gets you into the habit of saving, which is the first step towards better financial health and security. Digit is trying to change the way consumers think about making budgeting decisions. In fact, some might say the financial app is trying to take the thinking out of it altogether. With the use of algorithms that monitor and analyze a user’s spending habits, the Digit app is set up to aid consumers in setting aside money to both pay off nagging debts and set funds aside for savings goals. Digit is a micro-savings app that was founded in 2015 by then 29-year-old Ethan Bloch, and users have already saved over $1 billion. The way Digit helps its users save is by using an algorithm to find the “perfect amount every day” to pull from your checking account and put it into savings.
