A great way to save and invest money
Plum: Smart Investing & Saving is a free business app developed by Plum Fintech to help you save money. To use this app, you need to link it to your regular bank account. This is easy to do, and all the big banks in the United Kingdom are supported—including HSBC, Monzo, Nationwide, Barclays, and more.
From then, Plum: Smart Investing & Saving will use your spending information from your bank account to calculate how much you can save each month. It will also help you to reduce your expenses on your energy bills.
AI at your fingertips
Plum: Smart Investing & Saving is a platform with artificial intelligence, automation, and other smart features. It puts tools at your fingertips that help you build a strong financial future. Here, there are three account types that you need to select from when opening an account in this app—a standard account called General Investment Account, Stocks and Shares ISA, or a personal account called SIPP or self-invested personal pension.
This platform offers four plans: Plum Basic, Plum Pro, Plum Ultra, and Plum Premium. The basic version is free and allows you to take advantage of the AI-driven deposit function. However, if you want to benefit from more advanced budgeting features or would like to invest, you will need to upgrade your account by purchasing a Plum Pro, Ultra, or Premium at £2.99, £4.99, or £9.99 a month.
The FCA, or Financial Conduct Authority, also authorizes and regulates this platform, which means it is highly regarded and will safeguard your money. Be assured that they cannot access your money and it is safe in the app. Your money is protected by the Financial Services Compensation Schemes, which means that if everything goes wrong, the FSCS will compensate you up to £85,000.
An app that can help you save money
Plum: Smart Investing & Saving is a smart choice for an app to help you save money. It has a straightforward interface that can be easy for you to set up the app. It works with all major banks to ensure your balance is verified and safe, and the FCA regulates its services. This app can save you money, and it can help you invest better too.
