Digit is an app that encourages people to save more money. It connects to your checking account and automatically saves small, random amounts of cash that it holds in a savings account until you decide how you want to use it.

Is digit a bank account?

Instead of simply offering checking and savings accounts, Digit’s latest offering, Digit Direct, will provide users with three separate accounts: for savings, bills and spending. The new service is powered by MetaBank, a bank partner that allows Digit to offer these types of accounts since Digit is not a bank itself.

Is digit worth the fee?

If you’re looking for a budgeting app solely focused on saving money, paying down debt and investing concurrently, Digit is a great budgeting app to consider. With a modest price point of $5 per month, the app may be worth it to some to take away the chore of manually saving each month and making investment decisions.