If you have a hard problem saving money then this might be right up your alley.
What Is Digit?
Digit is a free service that saves your money for you so you don’t have to do a thing. The only thing you need to do is attach a checking account. Their robots do the rest. They analyze your income and spending patterns to figure out what amounts you won’t miss, and then they transfer those amounts right into a savings account it creates for you.
The best part about is they constantly communicate with you so you know what you are saving, what bills you have coming up and how often some money is going into your savings account. You can also pause automatic savings transfer when you see fit.
Cost: Free for 100 days. Only $2.99/mo afterwards.
How does it work again?
Every few days Digit will check your income & spending patterns. If you can afford it, Digit will move a few dollars from your checking account into your savings account.
What if it transfers over too much?
They have a “no overdraft” guarantee which means they’ll cover all costs incurred if that should ever happen.
Is it insured like all other banks?
Yes. All money saved is FDIC insured up to $250,000.
Well what if I want to get my money out?
It’s easy. All you have to do is text them “withdraw” and you can send your money back to your checking account as often as you need or want.