Plum is a stress-free savings butler service that monitors your spending, automatically sets aside extra money for you, and is always available to provide updates on your progress through Facebook Messenger, so that you can save some extra money without even knowing it.
Plus, you can participate in the Plum Refer-A-Friend Program to earn a £25 referral bonus for every 3 new members that you get to join.
Plum is a free service that is available to savers in the United Kingdom, and you must sign in with Facebook Messenger to get started.
How Plum Works
1. Link Your Bank Account: Plum will analyze your daily transactions to learn about your income, expenses, and spending patterns, and then calculate how much it can set aside for your savings.
2. Receive Automatic Savings: Plum will transfer a small amount of money on a weekly basis into your Plum savings, which you can access whenever you want, plus you can invest your money and earn interest on your savings if you choose.
3. Get Updates on Facebook Messenger: Plum has a highly active Facebook Bot that you can chat with at anytime via Facebook Messenger, so that you can easily get updates on how much money you’ve saved, invest your money, or withdraw your funds.
Just sign up for your free Plum Account (Reader Referral Link) to get started with your automated savings today.
Earn Interest on Your Plum Savings
You can choose to invest any amount of your Plum savings to earn interest on your deposits.
With a single chat command, your savings will be invested with RateSetter, one of the biggest peer-to-peer lending platforms in the UK.
You can earn a potential interest rate of 3% (not guaranteed rate) that is paid out on a monthly basis.
You’ll be able to access your money at RateSetter whenever you like with no exit fees, and the money will be transferred back into your Plum savings within 4 to 5 days.
However, it’s important to note that if you choose to invest your money with RateSetter, you are lending your money to people who wish to borrow on RateSetter, and you could always lose money if someone defaults on their loan.
Plum Referral Program £25 Bonuses
Anyone who opens a Plum account can participate in their referral program.
You’ll earn a £25 bonus for every 3 friends that you get to sign up for the Plum service.
Only the referrer gets paid through the Plum refer-a-friend promotion, as the referees do not receive a bonus for joining, but you could always offer to give 3 of your friends £5 each if they join through your referral link, so that you could still earn a £10 bonus for yourself, and then everyone could benefit.
Please feel free to share your Plum referral links with other readers in the below comments as well as your experiences with using their service.
UK residents may also be interested in the Chip Intelligent Savings Service for another easy way to save more money.
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Sarah says
It’s great, has really helped me save!
Referral: https://friends.withplum.com/r/5Pdc3V
Jade Jackson says
https://friends.withplum.com/r/Lf5RtK
This has been a life saver for me and my not so great financial situation! Im so happy I stumbled accorss plum, and I can change how much deposits he takes too! So it’s suits me right down to the ground!!! And having the freedom to withdraw and deposit at my own pace too makes it that little bit extra! Love it so much iv invited my whole family and friends network ! Plum deserves it!
Sophie says
https://friends.withplum.com/r/6mmRqg
Really loving the app!
Gavin says
Found it to be excellent so far and really enjoy the extra investment options.
https://friends.withplum.com/r/53BA9P