Digit Review 2020

7.1
Commissions & Fees 6.0
Customer Service 7.0
Ease of Use 8.0
Education 6.5
Savings Options 8.0

Pros

  • A great set-it-up-and-forget-it app which makes saving easier and automatic.
  • Simplified savings goals.
  • You get an annual savings bonus of $1.
  • It’s easy and convenient to use and you don’t have to set up a savings account to use the app.

Cons

  • Monthly charge of $2.99. Think before you start paying any amount to save money. You can get a savings bonus through our link below.
  • Not available internationally, as it’s only currently available for US-based users.
  • Customer contact is limited, no phone or chat support. So, if you have concerns the closest thing you can do is contact them via email.

Digit Review 2020: The Digit App Makes Saving Money Effortless

At SavingExpert, we strive to help you make financial decisions with confidence. To do this, many or all of the products featured here are from our partners. However, this doesn’t influence our evaluations. Our opinions are our own.

Our Digit app review shows how this app can serve as a great platform to launch your savings habit for short-term savings goals. But is it worth downloading?

Digit Review 2020






7.1
Commissions & Fees
6.0

Customer Service
7.0

Ease of Use
8.0

Education
6.5

Savings Options
8.0

Want free money?

  • Aspiration: Want to get spotted a $100 for free? Simply sign up for Aspiration, and the free banking app will give you cash for free, you just relax while it gives you $100 just for opening a new debit card. There’s no catch. This bank account is legit and only takes two minutes to sign up for an account.

Pros

  • A great set-it-up-and-forget-it app which makes saving easier and automatic.
  • Simplified savings goals.
  • You get an annual savings bonus of $1.
  • It’s easy and convenient to use and you don’t have to set up a savings account to use the app.

Cons

  • Monthly charge of $2.99. Think before you start paying any amount to save money. You can get a savings bonus through our link below.
  • Not available internationally, as it’s only currently available for US-based users.
  • Customer contact is limited, no phone or chat support. So, if you have concerns the closest thing you can do is contact them via email.

Digit LogoNeed a Digit app review in your life? Almost all of us would agree that setting aside savings is important for our overall financial health.

However, for most of us, the most difficult thing about saving money is figuring how to get started.

Wouldn’t it be easy to learn how to save money and get paid to do it?

Believe or not, there is. Building your savings can be simpler and we’ll explain how in our Digit app review.

In this Digit app review, you will learn more about Digit, an app that promises a way of making saving a painless and effortless process for its users.

It’s time we see how well that works and you can learn if it’s right for you.


Want 7x the national average interest rate?

  • CIT Bank: Want to accelerate your savings? Simply sign up for CIT Bank, and the free banking app will earn you 7x the national average interest rate, you just relax while you earn interest on your cash. There’s no catch. This savings account is legit and only takes two minutes to sign up for an account.

Digit Review 2020

7.1
Commissions & Fees 6.0
Customer Service 7.0
Ease of Use 8.0
Education 6.5
Savings Options 8.0

Pros

  • A great set-it-up-and-forget-it app which makes saving easier and automatic.
  • Simplified savings goals.
  • You get an annual savings bonus of $1.
  • It’s easy and convenient to use and you don’t have to set up a savings account to use the app.

Cons

  • Monthly charge of $2.99. Think before you start paying any amount to save money. You can get a savings bonus through our link below.
  • Not available internationally, as it’s only currently available for US-based users.
  • Customer contact is limited, no phone or chat support. So, if you have concerns the closest thing you can do is contact them via email.

What is Digit?

Quick facts about Digit:

  • Saving money used to be hard. Now it’s easy!
  • Digit is the effortless way to save money without thinking about it.
  • Every day, Digit checks your spending habits and moves money from your checking account to your Digit account, if you can afford it.
  • Available for iOS, Play Store, and Twitter.

Digit is essentially an app with a goal of making savings a mindless task for its users. The app is a micro-savings platform that analyzes your spending to determine the perfect amount that you can save over time. Then it makes automatic withdrawals and transfers it to your savings without you even thinking about it.

As Digit’s CEO Ethan Bloch had it, the goal of the app is to make saving money as easy, stress-free and automatic as possible.

Simply put, Digit does all the hard work of getting started with your savings. You can go with your regular financial habits and the app figures out how much can be the extra amount and move it into your savings. And, all that is done automatically so you won’t even notice it.

Digit Screenshots

Digit Alternatives

Qapital ReviewSavingExpert Rating:
8/10

Qapital Review
Digit LogoSavingExpert Rating:
8.6/10

Digit Review
Acorns LogoSavingExpert Rating:
9/10

Acorns Review
OPEN ACCOUNT OPEN ACCOUNT
OPEN ACCOUNT
Devices
iOS App, Android App
Devices
iOS App, Apple Watch, Android App, SMS
Devices
iOS App, Apple Watch, Android App
Promotion
$5 Sign up Bonus
Promotion
$5 Sign up Bonus
Promotion
$5 Sign up Bonus
COMPARE THE MICROSAVINGS SERVICES

How Does Digit Work?

Ultimately, the goal of Digit is to push non-savers to save money. All you need to do is sign up for the app and connect your checking account.

In conducting the Digit app review, we found that app works by evaluating your financial lifestyle and spending patterns and moves the extra money to your Digit account. The amount of extra money the app automatically transfers will depend on different factors including your checking account balance, your upcoming income, upcoming bills, and your recent spending.

The Digit app is free for the first 30 days. After that, you’ll be charged $2.99 monthly and you can cancel anytime. It offers 1% annual savings bonus when you save using the app for three consecutive months.

Funds held are FDIC insured, up to $250,000 per depositor. It also enables you to make convenient transactions using your phone SMS services and allows unlimited withdrawals 24/7. When it comes to security, the app utilizes advanced 128-bit encryption to enhance protection of sensitive user information and transactions.

The Good and Bad

? What we liked about Digit

  • Simple and easy to save — A great set-it-up-and-forget-it app which makes saving easier and automatic.

  • Saving bonuses — The savings bonus is 1% added to your account based on your 3-month daily balance average.

  • Usability — It’s easy and convenient to use and you don’t have to set up a savings account to use the app.

? What we didn’t like about Digit

  • Customer contact is limited — No phone or chat support. So, if you have concerns the closest thing you can do is contact them via email.
  • Availability — Not available internationally, as it’s only currently available for US-based users.
  • Monthly charge of $2.99 — Think before you start paying any amount to save money.

Digit App Testimonials

Want to earn some extra money?

  1. Solitaire Cube: Earn up $50 per month playing Solitaire with one of the highest-paying gaming apps on the web. Download Solitaire Cube (iOS)
  2. Robinhood: This investing app lets you trade stocks and do everything for free and takes no fees — ever. Better yet, if you join through this link you can get a free stock like Apple, Ford, or Sprint when you join (must complete signup).

Digit Promotional Code

Bonus: SavingExpert readers can sign up for free!  Additionally, savers will receive a 1% bonus every three months.

Is Digit Safe?

is digit safe

Digit uses state-of-the-art encryption to keep your data safe. Digit users have already put a billion in the bank, and the savings are just getting started.

Is Digit Worth It?

This innovative app saves your money without you having to lift a finger. Simply link it to your checking account, and its algorithms will determine small (and safe!) amounts of money to withdraw into a separate, FDIC-insured savings account.

Bottom line: Digit customers have saved over a billion dollars. If you are at all interested in saving money, you should be using the free Digit app.

The Digit app can be a great platform to launch your savings habit for short-term savings goals.

The best thing about the app is that it does everything automatically for you.

If you are a non-saver this app can help push you to become one. 

Want free money?

  • Robinhood is a free investing app for your phone. I really mean free all around – free to join and they don’t charge any fees to buy or sell the stock. You can get a share of stock like Apple, Ford, or Sprint for free when you join through this link. The value of the free share may be anywhere between $2.50 and $500 and fluctuates based on market movements. You’ve got nothing to lose.

Bottom Line:

The Digit app can be a great platform to launch your savings habit for short-term savings goals. The best thing about the app is that it does everything automatically for you. If you are a non-saver this app can help push you to become one.
Brian Meiggs
Brian Meiggs
Founder of SavingExpert, Brian is an entrepreneur and investor who enjoys working out, reading, spending time with his family and friends, traveling and creating great content. He’s passionate about helping others achieve their financial goals. He uses the free Personal Capital app to manage his cash flow and net worth.

Money-Saving Apps for People Tired of Being Nickle-and-Dimed

IconApp
acornsAcorns
★★★★★

Acorns lets you invest your spare change automatically and join almost 4,000,000 people saving and investing every day.
More
acornsIbotta
★★★★★

Ibotta is a free app that allows you to earn cash back both in-store and online. It is well worth the little bit of time it takes to download, configure, and use.
More
acornsTrim
★★★★★

Trim delivers on its promise to save you money effortlessly. You can use it to cancel unwanted subscriptions and bill negotiations.
More
acornsRakuten
★★★★★

Rakuten is a must-have. They offer cash back as high as 10% for some stores. So if you are shopping at Target and you buy something for $500, you'll get $50 in cash back.
More
acornsWikibuy
★★★★★

Wikibuy helps you find better prices, automatically applies coupon codes at checkout and lets you know when prices drop on products you’ve viewed or purchased.
More

Read More

GetUpside Promo Code to Save 20¢/Gallon – Promo Code: SMGJQ

GetUpside Promo Code (SMGJQ) gives you a 20¢/Gallon Bonus (2020). Take advantage of this referral code today to save money on gas. What is GetUpside? GetUpside...

23 Best Side Hustles From Home to Make Money

In the gig economy, it’s more and more common for people to find ways to augment their primary income with a...

Piggy Review: Is Piggy The Easiest Way to Save?

Thrifty shoppers are always on the lookout for discount deals and offers. It’s a smart way to save money while you shop....

The Basics of Silver Trading – Tips To Get You Started Trading Silver

There can be tremendous opportunities from trading in the silver market, assuming you do it well. With a product so rich in trading history,...

Luckatastic Review: Scam or Legit?

Looking at Lucktastic (assuming the conceptual use of words as Luck is Fantastic) it all seems...

Explore More On

Bottom Line:

The Digit app can be a great platform to launch your savings habit for short-term savings goals. The best thing about the app is that it does everything automatically for you. If you are a non-saver this app can help push you to become one.
Do NOT follow this link or you will be banned from the site!