SavingsBox is an app for personal and group savings, with tools for setting goals, contributing money, and reviewing spending. Users can create savings boxes, make manual contributions, use card round-ups, and set up recurring contributions on Premium. Its AI coach, Maya, reviews spending and savings progress, flags goals that are falling behind, suggests catch-up plans, and checks in weekly. Other tools include bill alerts, savings streaks and challenges, and a real-time financial health score. Users can link accounts through Plaid for spending insights and add money by ACH transfer or card. The Free plan is free and includes personal boxes, limited AI coaching, bank and ACH payments, a wallet, and manual contributions. Premium costs 4.99 USD per month and adds unlimited boxes and coaching, group boxes, recurring contributions, and priority support. SavingsBox is not a bank; third parties provide payment processing, custody, and money transmission. Consumer users must be at least 18, live in the U.S., and have a valid U.S. bank account.
Who it is for
SavingsBox suits eligible U.S. adults who want personal or group savings tools and coaching. SavingsBox Pro is aimed at licensed or certified finance professionals, including advisors, counselors, coaches, and attorneys.
What is good
- Maya checks in weekly and suggests ways to catch up.
- Includes round-ups, bill alerts, streaks, and challenges.
- Plaid-linked accounts provide spending insights.
- Premium adds unlimited boxes and recurring contributions.
- Pro offers client and appointment management tools.
What to know first
- Consumer users must be at least 18 and U.S. residents.
- A valid U.S. bank account is required.
- SavingsBox is not a bank.
- Interest on savings is not offered.
Verdict
SavingsBox combines savings boxes with coaching and spending tools, and has a free plan alongside paid options. It is not a bank, and consumer eligibility is limited to U.S. adults with a valid U.S. bank account.
SavingsBox plans and pricing
All plansCompared on automated savings apps
- Free plan
- Yes
- Paid from
- $4.99/mo
- Card roundups
- Yes
- Scheduled transfers
- Yes
- Interest on savings
- No
- Withdrawal method
- manual
