Introduction
Saving money consistently can feel difficult, especially with rising living costs. Fortunately, savings apps have made it easier than ever for people in the UK to build good saving habits automatically.
In this guide, we’ll explain how savings apps work, what to look out for, and review some of the best savings apps in the UK (2026) for beginners.
This article is written from a practical perspective, informed by over 25 years of experience in the banking industry, and designed to help you save with confidence.
What Is a Savings App?
A savings app is a mobile application that helps you put money aside automatically, often by analysing your spending habits or setting simple saving rules.
Most savings apps:
- Link securely to your bank account
- Automatically move small amounts into savings
- Offer competitive interest rates
- Allow flexible withdrawals
They are particularly useful if you struggle to save regularly.
What to Look for in a UK Savings App
Before choosing a savings app, consider the following:
✅ Interest Rate
Higher interest means your savings grow faster, but always check whether rates are variable.
✅ Ease of Use
A good app should be simple, intuitive, and beginner-friendly.
✅ Flexibility
Look for apps that allow easy withdrawals without penalties.
✅ FSCS Protection
Ensure your money is protected up to £85,000 under the FSCS.
Best Savings Apps in the UK (2026)
⭐ 1. Chip — Best for Automatic Saving
Chip uses smart algorithms to analyse your spending and automatically move money you can afford into savings.
Key features:
- Automatic savings
- Competitive interest rates
- FSCS protection
- Easy withdrawals
Best for: People who want a “set and forget” saving experience.
👉 Check Chip latest features [Link]
⭐ 2. Plum — Best for Building Saving Habits
Plum focuses on behavioural saving, helping users put away small amounts regularly.
Key features:
- Weekly automatic saving
- Budgeting insights
- Easy app interface
- FSCS protection
Best for: Beginners who want gentle encouragement to save.
👉 Explore Plum savings options [Link]
⭐ 3. Moneybox — Best for Cash ISA Saving
Moneybox is ideal if you’re saving for long-term goals or want to use a Cash ISA.
Key features:
- Cash ISA options
- Round-ups from spending
- Long-term saving focus
- FSCS protection
Best for: Tax-free saving and future planning.
👉 See Moneybox Cash ISA [Link]
Are Savings Apps Safe?
Yes — provided you use reputable UK-regulated apps.
Always check that:
- Your money is held with an FSCS-protected bank
- The app uses secure Open Banking technology
- You understand withdrawal rules
Savings App vs Traditional Savings Account
| Feature | Savings App | Bank Savings Account |
| Automation | ✅ Yes | ❌ Usually No |
| Ease of Use | ✅ High | ⚠️ Medium |
| Interest | ✅ Competitive | ⚠️ Varies |
| Flexibility | ✅ High | ⚠️ Depends |
Savings apps are not a replacement for all banking needs, but they are excellent tools for habit-building.
Final Thoughts
Savings apps can be a powerful way to start saving without overthinking it.
If you’re new to saving, starting with one simple app and a small amount is often better than doing nothing at all.
As with all financial decisions, make sure you understand the terms and choose a product that fits your personal situation.
Why Trust Bright Savings UK?
Bright Savings UK is run by a former banker with over 25 years of experience in the banking and financial services industry. Our goal is to help everyday people save smarter, with clear explanations and practical guidance.
Disclaimer: This article is for educational purposes only and does not constitute financial advice.