Best for managing your money
Whilst you’re a student, you don’t ideally want to be spending your free time sifting through old receipts and totting up how much friends owe you. These apps could potentially make financial management easier, especially when it comes to transferring money and spending money abroad.
Monzo
Monzo could work for you and your banking. You use it like a debit card and top it up with money whenever you need to. Whenever you spend money, it sends you a notification, making it an ideal way to keep track of your money and what you’re spending day to day. We all know how easy it is to keep tapping away! You can also view a summary of where you’ve spent your money, i.e., Wetherspoons breakfasts, Waterstones bookshop, or drinks at your local bar. Monitor your spending with Monzo.
Revolut
Similar to Monzo, Revolut is a prepaid card that you can top up whenever you need to. It sends you a notification every time you spend on the card, making it simple to keep track of what you’re spending. A great feature of Revolut is by sending requests to your friends, you can remind them of the money they owe you – all they have to do is press ‘accept’ and it appears in your account almost instantly! What’s even better is that it has a free exchange rate. Use your Revolut card abroad at no extra cost to what the local currency is.