Best Money Saving Apps for 2022

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Building a savings habit can be hard. But everyone has the ability to save.

Even if you have to use all your spare money on paying off debt rather than investing in stocks, there are undoubtedly a few areas of your life you could cut down your spending or ways to apply discounts you aren’t taking advantage of.

The main barrier generally isn’t money; it’s often time or knowledge. Manually searching for the best deals can be exhausting and overwhelming.

Apps are great because they’ll automate the hard work, and all you have to do is take advantage of the savings. With lots of money-saving apps available, you don’t need to do anything more than sign up and link a credit card.

There are a few different ways to save money through apps; the type that works best for you depends on your current financial position and your goals.

  • Using apps for cashback and coupons is one of the most accessible ways to save money.
  • Use apps that help negotiate better prices on your behalf, AFTER you’ve already made a purchase
  • Leverage Automated savings apps that place a portion of your income you can afford to save into your savings account
  • Invest your money for long term growth and savings

You may want to download a few apps across different categories, but it would be overwhelming to have one in each.

18 Best Money Saving Apps for 2022

Here are the 18 best apps that help you save money:

Capital One Shopping

Capital One Shopping offers a free browser extension for Chrome, Edge, Firefox, or Safari which automatically compares prices as you shop online.

As you add items to your cart at an online retailer, Capital One Shopping will search the web for better deals and coupon codes.

You can follow the links to other retailers offering a better price and use applicable the codes to save. You can even use the Capital One Shopping app while shopping at brick-and-mortar stores.

Capital One Shopping’s Features Include:

  • Universal Product Search – scan barcodes in store or search retailers online
  • Featured Offers and Trending Deals
  • Coupon Codes – automatically finds additional savings
  • Price Drop Alerts – notifies you when prices drop for interested items
  • Redeemable Credits – earn credits as you shop and redeem for gift cards

Learn More: Read my full Capital One Shopping Review.

Capital One Shopping compensates us when you sign up for Capital One Shopping using the links we provide.


Ibotta is a cashback app that lets you earn points in three main ways.

Ibotta covers a wide variety of stores, including groceries, clothing, and travel – there are over 140 retailers in total.

How To Earn Points with Ibotta:

  • Shopping online through their shopping portal to receive an automatic cashback
  • Scanning your receipts to earn an extra cashback
  • Using the Pay by Ibotta feature to pay in-store and get instant cashback by presenting the discount code on your screen to the cashier.

Learn More: Read my full Ibotta Review.


By using your Acorns debit card, your spare change will automatically get rounded up and placed in an investment account.

You can create a portfolio based on your income and goals; your choice could be more conservative or more aggressive depending on the amount of risk you’re willing to take for a high yield. Acorns portfolios are made using ETFs from companies like Vanguard and BlackRock.

Acorns Later can help you save for retirement, at the cost of $2 a month, while Acorns Spend is a checking account you can open for $3 a month. Otherwise, the basic cost of Acorns is just $1 a month.

Learn More: Read my full Acorns Review.

Capital One Price Protection

There’s nothing more irritating than buying something then seeing it for sale at a lower price a few days later. Wouldn’t it be nice to get that money back? Now you can.

Capital One Price Protection (formerly Paribus) helps you get money back by tracking your purchases from major stores and negotiating refunds. It also helps you get compensated for late deliveries (like Amazon) and makes sure you don’t leave it too late to return anything you bought.

Unfortunately, the feature doesn’t apply to retailers; currently only 25 are signed up. But since these are major stores like Target, that probably covers a good bit of your purchases anyway.

The app is completely free, so there’s nothing to lose from giving it a try. Just sit back and see how much money you save.

Learn More: Read my full Capital One Price Protection (formerly Paribus) Review.

Capital One compensates us when you sign up for Capital One Price Protection using the links provided.
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The concept of Trim is almost identical to Truebill: they negotiate down bill prices and cancel subscriptions. However, there are also some features to help you save money by tracking your spending and offering suggestions about unnecessary splurges.

Trim’s Simple Savings is a feature that automates your savings by transferring a portion of your earnings into savings. You can also access advice about trimming down your debt so that you can cover all fronts of money-saving.

Like Truebill, Trim takes a cut of any savings it can negotiate for you, but it’s slightly cheaper at 33%. Bill cancellation, budgeting tools, and text alerts are all free services.

Learn More: Read my full Trim Review and my Trim vs. Truebill comparison.


The Hiatus app claims to have “harnessed the latest breakthroughs in technology to help simplify your financial life.” Through Hiatus, you can link your accounts to get a bird’s-eye-view of your assets and liabilities—what you have and what you owe.

But here’s where it really shines: Hiatus analyzes your finances, monitors for unfair rates, and lets you know when you’re overpaying. From there, it gives you advice contextualized for your personal situation.

Hiatus got its start by helping people cut down on unwanted subscriptions. In this function, it’s much like Truebill or Trim. But Hiatus goes a step further, analyzing transactions for cost-cutting insights beyond subscriptions.


Chime is a free mobile banking app that comes with a debit card and offers various features to help you save more. Chime is an online-only bank.

You can round up your purchases and move the spare change into savings or auto-transfer your paycheck into a savings account. You can also receive your paycheck two days earlier by setting up direct deposits.

The debit card offers some attractive features too. There’s a free overdraft, and you can use your card abroad without incurring extra fees.

A disadvantage is that the app is mobile-only – there’s no web version.

Learn More: Read my full Chime Review.


We all know there’s probably a better deal we could sign up for that would reduce our utility bills, but somehow there’s never time to search for the best offers out there manually. Truebill solves this problem.

Instead of you having to call up companies and negotiate for a lower price or search for alternative deals, Truebill’s team of negotiators will do it for you. There’s still some level of a time investment since you’ll need to upload all your bills; this can be done by taking photos or logging into your accounts.

Truebill helps with lowering all those monthly subscriptions; as we move towards a subscription economy, it’s becoming increasingly harder to stay on top of all the platforms we’ve signed up for, and this often leads to wasted money. Truebill will monitor everything you subscribe to and gives you the option to unsubscribe automatically.

Somewhat ironically, there’s a subscription cost of $3 to access premium services, including the negotiation service, but basic tracking features are available for free. If Truebill successfully negotiates down the bills, they’ll also take 40% commission of the amount saved.

Learn More: Read my full Truebill Review.


GetUpside provides people with real-time, personalized cash back offers at gas stations, grocery stores and restaurants through its free mobile app on iOS and Android. Use the code MM20 to receive a $0.20/gal bonus on your first gas receipt, for savings up to $0.45 per gallon!

Download the app here


Shopkick is an app that gives you points (or ‘kicks’) from shopping in-store or online.

You can use the points you earn for either PayPal withdrawals or gift cards for retailers like Amazon, eBay, or Target.

Ways To Earn Kicks:

  • Scan Barcodes: When shopping in-store, you can scan the barcodes of items to find out if they offer any rewards, then submit your receipt when you’re finished. You’ll earn points for each eligible item scanned.
  • Link a Credit Card: Alternatively, you can link a credit card with your Shopkick account to earn points automatically, which saves time. When shopping online, you can use the Shopkick portal and earn points as you go.
  • Checking Into Locations: Once you download the Shopkick app, it uses Bluetooth to figure out your location and offers you tailor-made deals. You can also earn some extra points from checking into locations, so don’t forget to keep your Bluetooth switched on.
  • Watching Videos: If you want to earn even more kicks, you can do so from watching videos on the ‘Discover’ tab of the app.

Learn More: Read my full Shopkick Review.


RetailMeNot is one of the biggest sites on the web for finding coupons, discounts, and promo codes. The main part of the site has coupons for nonessentials like clothes and restaurants, but there’s also a RetailMeNot Everyday section of the website, which is geared more towards everyday items like groceries or cleaning products.

There’s a multitude of additional features too. Rxsaver helps you to save money at the pharmacy, there’s an online community to read feedback on offers, and a newsletter that updates you on the latest coupons available.

RetailMeNot has a dedicated app that makes it easier to find offers on the go and maximize your savings

Peak Money

If you’re looking for a better way to save, check out Peak Money.

Peak lets you track your goals, which are represented as digital, 3D mountain tops (or peaks). Peak creates a Savings Plan for each goal so that you can set up recurring transfers and hit your goals by a certain date. You can also attach a spending account (credit or debit card) to Round Up expenses up to save a bit extra.

One big advantage of Peak is that it’s 100% free, with no fees. Another reason to check them out is that the team that built Peak comes from a wellness background, so the savings experience is built to reduce financial anxiety: There’s even an in-app deep breathing exercise to help you to de-stress after managing your money.

Peak uses bank-level security to ensure your personal information is safe and secure with end-to-end encryption. Plus, your funds are fully insured up to $250,000 through Peak’s banking partner, Axos Bank, Member FDIC.

A potential downside: Peak is only available for iOS devices in the US. Hopefully, they’ll be expanding to other platforms, soon!

Learn More: Read my full Peak Money Review.


If you can’t figure out how much you can afford to save, Digit will analyze your spending habits and allocate a certain amount to your savings. If the app knows you have spare money to save, then it will be moved automatically, and if you don’t, it will stop, so there’s no risk of being left with no cash for the basics.

You can sign up for a free trial for a month, and after that, the monthly price is $5.

Is The Digit Saving App Legit?

The idea of having to pay a monthly fee to access an app that helps you save money may sound slightly counterintuitive, but Digit is a legitimate app. It uses sophisticated algorithms and automation to figure out how much you can afford to save and spend so you don’t need to do the math yourself, which can save a lot of time and stress.

Digit is safe to use. They save your money in FDIC-insured banks with 256-bit encryption, so security isn’t an issue.

However, you might not deem the features worth the price tag as there’s a lot of great money-saving apps available for free that can help you manage your money.

Other apps are slightly less sophisticated but still serve the same basic purpose. There’s a free trial for the first month, so why not try out a free option before testing Digit and then compare the two?


Twine is unique because it helps couples to invest and save together. If you’re in a relationship, you’re probably working towards joint saving goals, such as a holiday or property, so it makes sense to manage your finances together too.

Both individuals can contribute to the joint goals and track each other’s progress, which has the added bonus of accountability.

You can choose to either hold savings or invest the money, and joint savings accounts have an interest rate of 1.05%.

Savings accounts are FDIC-protected up to $250,000, while investment accounts are SIPC-protected up to $500,000.


This investment app takes its name from the historical figure who stole money from the rich to give to the poor; that’s because Robinhood makes investing more accessible to the masses.

You’ll be able to access commission-free investment, thus transferring wealth from the investment managers back to the investors. Stocks, funds, and options are all exempt from fees, even when buying cryptocurrencies. This is made possible because Robinhood has no physical locations, and all investment management is manual.

However, you’ll need to pay fees if you want to access learning resources to help you make more informed decisions, like research reports. Going ‘Gold’ (the name of the premium version) demands a monthly fee of $5 or more, but you’ll also get a free stock.

If you open a brokerage account on Robinhood, you can earn an impressive 1.80% APY.

Learn More: Read my full Robinhood Review.


If you’re looking for an all-in-one money management app, Stash is a great place to start: you can invest, bank, save, and learn in one app.

You’ve probably heard of cashback rewards, and hopefully, you’re already taking advantage of them – but what about stock-back? Stash lets you earn stocks and funds back when you make purchases using your Stash card.

You only need $5 to open an investment account. Stash offers micro-investments, which makes it a good place to start for those who don’t have much to invest or want to test the waters first. There’s also a Smart Stash feature to automate investments.

The accounts include no hidden fees and the chance to be paid two days early. However, there is a monthly fee: $1 for all the basic features, $3 if you want tax benefits for retirement investing, or $9 if you’d also like two investment accounts for your children and a debit card with double Stockback, as well as a monthly markets insight report.

Learn More: Read my full Stash Review.


By setting goals and rules, Qapital helps you to make the most of your money and to save wisely. There’s a Payday Divvy feature which divides up your commitments between spending and saving.

You’ll also be able to take part in ‘Money Missions,’ which are fun challenges designed to give you insight into smart financial investments.

If you want to invest too, you can use Qapital’s pre-built portfolios, which are tailor-made to the timeline and amount you input.

The main downside is that, although you’ll receive a debit card, you need to pay a fee to use it for spending (but you can use it for online purchases and transfers for free). You’ll also need to pay to use the app: it will cost $3, $6 or $12 depending on the level of resources you want access to.

Learn More: Read my full Qapital Review.

Money Saving Apps FAQ

There are different types of savings apps, and all of them work in different ways.

Cashback and coupon apps work once you connect your account with a credit card you use to shop, or alternatively you can scan receipts or shop through their portal.

In contrast, savings and investment apps provide you with a brand-new card so they can automatically place your spare change or paycheck into a savings or investment account.

Finally, bill checking apps require you to log all your bills into the app so they can track them for you.

Depending on the features offered and the model of the app, they may be free or charge a fee. Bill-saving apps like Truebill charge a commission for savings made, whereas cashback apps are always free but make money from adverts.

Savings and investment apps make most of their money from using yours (like conventional banks) and some from add-ons.

What Is The App That Saves Your Change?

Apps that round up purchases to the nearest dollar and save or invest the spare change have increased in popularity over the last few years. Many different money-saving apps now offer the feature; amongst them are Acorns, Stash, Varo, and Chime.

However, this isn’t an exhaustive list, and more apps are likely to introduce this feature in the future to meet demand.

Even if you’re the world’s worst budgeter, it’s still possible to save money as long as you have a smartphone. All you need to do is download a few apps and complete some basic admin tasks before you can passively earn some extra money. cIf you want to take things a step further, here is a list we have compiled of the best money making apps.

If you can’t afford to save and just want some extra cash to line your pockets, a cashback or bill-checking app can seemingly give you something for nothing. All you have to do is link your card or bills, and the app will check whether you’re applicable for discounts or lower rates.

If you want to save or invest but get drawn into spending the money instead, there are apps that automatically put aside the small change from your purchases to help you reach your goals.

However, don’t fall into the trap of thinking that downloading apps is all it takes to form a solid financial management plan. In reality, it’s just the first step: keeping a budget and tracking your spending is just as important as ever. Thankfully, there’s also an app for that.

Bonus: Best Money Tracker

All the apps mentioned above are great ways to save or invest without having to put in much extra effort, however, to save significant sums of money, it’s essential to figure out where yours is going and to have some accountability. Although there are lots of different apps that offer this feature, none quite measure up to Personal Capital.

You can connect all your accounts in one place, including current accounts, credit cards, and even investments. Personal Capital also allows you to analyze your investment in sophisticated ways: you can check how well your portfolio is performing and find out if you’re paying unnecessary fees. It’s kind of like a bill checker and a budgeting platform all in one.

The basic platform is available for free, but there’s a charge to receive professional advice from finance experts if your portfolio is worth $100,000 or more.

To learn more, read our Personal Capital Review.

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