Qapital: The Money Saving App

Qapital is a financial technology company that aims to help individuals save money in a simple and sustainable way. The team behind Qapital consists of experts in product development and finance, who understand that humans struggle with making tradeoffs between spending now and saving for later. To address this issue, Qapital offers automated money management solutions that are user-friendly and easy to stick with.

With Qapital, users can try the service for free for 30 days, and then pay a monthly fee of $6. The platform allows users to set unlimited savings goals, such as for presents, birthdays, vacations, and emergency funds. These goals can be personalized and users can track their progress as they go.

One of the key features of Qapital is its smart rules for budgeting. The platform automatically transfers money from the user's checking account to their Qapital savings, based on the rules they have set. These rules can be tailored to the user's existing habits, such as saving when they buy a treat or go for a run.

In addition to saving money, Qapital also offers the option to invest in ETFs. Users can set up automatic savings and investments based on their pay schedule, shopping habits, or any other time that works best for them.

Qapital also provides a Visa® debit card that can be used for weekly spending. This card can be used anywhere Visa® is accepted and users can receive notifications when they are close to reaching their weekly budget. Additionally, Qapital offers a feature called "Dream Team™" which allows users to save towards shared goals with a partner and see each other's transactions without compromising individual accounts.

It's important to note that Qapital is not an FDIC-insured bank, but rather a fintech company. The checking account and Visa® debit card are provided by Lincoln Savings Bank, Member FDIC. Qapital Invest, LLC, an SEC-registered investment advisor, provides advisory services, while brokerage services are provided by either Apex Clearing Corporation or Wedbush Securities Inc., both SEC-registered broker-dealers.

After the free trial ends and a user connects their bank account, Qapital will deduct a monthly membership fee. The current fees can be found on their website. For more information, users can refer to Qapital's Terms and Conditions and Privacy Policy. Overall, Qapital offers a convenient and innovative way for individuals to save and invest their money.