Qapital Reviews

Qapital offers three different plans: Basic, Complete, and Premier. The Basic plan costs $3/monthly and includes features such as set-and-forget saving, creating unlimited personalized savings goals, and sharing finances with a partner. The Complete plan costs $6/monthly and includes all the benefits from Basic, plus features like smart spending and investing. The Premier plan costs $12/monthly and includes all the benefits from Basic and Complete, plus additional features. All plans start with a 30-day free trial. After the trial, the cost is about the same price as a cup of coffee. The Qapital Visa® Debit Card is issued by Lincoln Savings Bank, Member FDIC. Advisory services are provided by Qapital Invest, LLC, an SEC-registered investment advisor. Brokerage services are provided to Qapital Invest clients by Apex Clearing Corporation, an SEC-registered broker-dealer and member FINRA/SIPC.

Qapital is a banking app that makes saving and investing money fun. It uses automation and gamification to motivate users to improve their spending habits and put more money toward investing in pre-built investment portfolios. Qapital helps users visualize all their money goals, so they can start making progress right away.

The popular products and services of Qapital include:

• Saving: This feature allows users to put money away automatically while they live their life. Users just set a goal and watch their savings grow.
• Investing: This feature provides a ready-made investment plan that fits just right, allowing users to set themselves up for the future.
• Budgeting: This feature allows users to save, invest, and set spending money aside the moment they get paid.
• Dream Team™: This feature allows users to invite a partner and team up on their finances. Users decide what’s shared and what’s private.

Qapital also offers high security standards to verify user ID, protect user data, and keep user money safe. It partners with member-FDIC banks to provide up to $250,000 of insurance for Goals and Spending accounts. Membership plans start at just $3 a month with no hidden fees. Users can pause or cancel anytime without penalty.

In addition, Qapital has over 50,000 reviews on the App Store, with an average rating of 4.8 out of 5. On the Google Play store, it has a 4.6 out of 5 with 15,000+ reviews. Nearly $3,000,000,000 has been saved by over 2,000,000 members.

Please note that this information is based on the most recent data available and may have changed since then. For the most accurate and up-to-date information, please visit the official Qapital website.

Qapital is a financial platform that allows users to automate their financial plan with set-and-forget money tools. It offers a Qapital Spending Account where users can save, invest, budget, and manage debt easily in one place. Users can set a goal and watch their savings grow automatically. They can also set up a ready-made investment plan.

For payment methods, Qapital does not provide a checkbook with the spending account. However, users can write a check in the app and a third-party provider will mail it for them. To do this, users need to go to the 'Transfers' tab, tap on the 'Pay Bills' button and tap on 'New Check.' They will then need to either create a new check recipient or choose from the list of existing check recipients. The check will arrive at the recipient in 4 to 6 business days.

If users have a Qapital Spending Account, they can transfer funds instantly from their Qapital goals. Then they can use their Qapital Spending account number and routing number to pay their credit card bill. To pay their credit card bill using a checking account they’ve linked to Qapital, they just need to transfer the cash they’ve saved back into that bank account.

For membership fees, Qapital first attempts to bill the user's external funding account. If unsuccessful, it will then attempt to process the payment from the user's Qapital Spending account and Qapital Goals account. Membership plans start at just $3 a month with no hidden fees. Users can pause or cancel anytime without penalty.

Qapital also ensures high security standards to protect user data and money. It partners with member-FDIC banks to provide up to $250,000 of insurance for Goals and Spending accounts. Funds held in Qapital Invest accounts are not FDIC-insured but are protected by SIPC.

Please note that the FDIC calculates the insurance limits based on all accounts held in the same insurable capacity at a bank, not just cash in the Qapital account. Nearly $3,000,000,000 has been saved by over 2,000,000 members using Qapital.

Qapital is a money management app that seamlessly integrates financial planning into day-to-day life. It offers a suite of set-and-forget money tools that includes solutions for saving, investing, debt management, and budgeting. Users can manage these financial aspects either individually or with a partner. The app allows users to visualize all their money goals, making it easier to start making progress right away.

One of the key features of Qapital is its ability to automate savings. Users can set a goal and watch their savings grow as the app puts money away automatically. This feature is designed to help users save more while living their life.

In addition to savings, Qapital also offers ready-made investment plans. Users can sit back, relax, and invest for the future with a plan that fits just right.

Budgeting is another important aspect of financial management that Qapital addresses. The app allows users to save, invest, and set spending money aside the moment they get paid.

Qapital also offers a feature called Dream Team, which allows a partner to team up on finances. Users can decide what’s shared and what’s private.

The app prioritizes the protection of user data and money. It uses the latest technology to verify user ID, protect data, and keep money safe. It partners with member-FDIC banks to provide up to $250,000 of insurance for Goals and Spending accounts.

Qapital offers honest pricing with membership plans starting at just $3 a month. There are no hidden fees, and users can pause or cancel anytime without penalty.

Overall, Qapital is an award-winning app designed to let users save, invest, and spend with any goal in mind. It has helped millions of people save billions of dollars collectively. Users have found it particularly helpful for saving money automatically and budgeting for bills. It has also been featured in various media outlets.

Qapital makes security a top priority to ensure user data stays private and the money belongs to the user. It is backed by FDIC insurance, partnering with member-FDIC banks to provide up to $250,000 of insurance for Goals and Spending accounts.

Qapital employs the most up-to-date SSL (Secure Sockets Layer) and TLS (Transport Layer Security) standards. All bank connections are encrypted so account and transaction data is protected.

To make sure that only the user has access to their Qapital account, extra identity protections are built in, including Passcode Access, Fingerprint ID, and Remote Lock.

Account Verification is done by verifying the linked bank account using login credentials and micro deposits. Transfers are never executed before establishing that the user owns the account.

Qapital uses multi-factor authentication to protect customers and team members from security threats. The servers are scanned regularly to find vulnerabilities and reduce risk.

Qapital is a micro-savings app that helps users save money with ease. The app centers on passive saving, which saves incrementally through daily activities. When users complete actions such as liking social media posts or spending less money, it uses these triggers to automatically deposit money into users’ saving accounts. It works as a banking app, with the goal of making banking fun. It’s an outstanding app if you’ve previously had difficulty saving money because it enables you to automate the process. It works as a micro-savings app by allowing you to save money in small increments through purchases and other financial and personal activities. But in the process, it also establishes savings goals and helps you create a budget to help you reach those goals. The company reports users can save an average of between $1,500 per year and $5,000 per year, depending on the plan level selected. Qapital has a Better Business Bureau rating of “A-“ (on a scale of A+ to F), and has been BBB accredited since February 2018. It also has a rating of 4.8 stars out of five, based on more than 56,000 ratings on The App Store, as well as 4.6 stars out of five based on more than 16,000 reviews on Google Play. You start by downloading the app on your mobile device, from either Google Play or The App Store. You’ll then connect the app to your bank account and debit card. As you spend money and perform other activities, the app allocates small amounts to savings. Goals and Spending accounts For savings purposes, you’ll have two types of accounts, Goals and Spending accounts. All savings held in a Spending account are held in an FDIC insured account with a partner bank. Goals accounts are held in an ETF portfolio based on your own risk tolerance. You’ll have unlimited transfers to and from your Goals account, and your Spending account can be set up with direct deposit. The Qapital Spending account is interest-bearing, earning a rate of 0.1%, compounded monthly. To save money, you’ll need to set goals. For example, you can choose to allocate $2,000 to go to an IRA, $1,000 to go to an emergency fund, or $1,500 to go to a vacation fund. Those goals will be funded by a series of purchase transactions and other activities you’re highly likely to engage in. Qapital enables you to save money in four ways, referred to as “Rules”: The roundup rule Similar to Round-Ups with Acorns , they use a roundup method, call the Roundup Rule. Each time you make a purchase the charge will be rounded up to the nearest $2.