Best Budgeting Apps UK with Interest Tracking | BudgetSense.co.uk
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Best Budgeting Apps UK with Interest Tracking
If you’re trying to save money consistently on a UK budget, the right budgeting app can make a huge difference. Modern budgeting apps don’t just track spending — many now include interest tracking, savings projections, and visual tools that show how your money grows over time.
This guide reviews the best budgeting apps in the UK that include interest tracking features, helping you make smarter decisions about saving, debt, and long-term financial goals.
Why Use a Budgeting App with Interest Tracking?
Interest tracking allows you to see how savings accounts, debts, and investments grow or cost you money over time. This is especially useful on a UK budget where small changes in interest rates can have a big impact.
Budgeting apps with interest tracking help you:
- Understand how savings compound over time
- See the true cost of credit cards and loans
- Stay motivated by visual progress
- Make informed decisions about where to save or overpay
For anyone focused on budgeting tips that actually work, interest visibility can be a powerful motivator.
Best Budgeting Apps in the UK with Interest Tracking
1. Moneyhub
Moneyhub is one of the most comprehensive budgeting apps available in the UK. It securely links to your bank accounts, savings, credit cards, and investments.
- Tracks interest on savings and debts
- Clear net worth and forecasting tools
- Strong visual dashboards
Best for users who want a complete financial overview in one place.
2. Emma
Emma is a popular UK budgeting app known for its clean design and easy-to-use interface. It tracks spending automatically and highlights interest paid on debts.
- Debt interest insights
- Spending alerts and budgets
- Subscription tracking
Best for beginners who want simplicity and clear insights.
3. Yolt
Yolt focuses on giving users clarity and control over their finances. It includes tools that help visualise savings growth and compare interest rates.
- Interest comparison features
- Spending categorisation
- Financial goal tracking
Best for users comparing savings and financial products.
4. Snoop
Snoop combines budgeting with personalised money-saving insights. While lighter on advanced projections, it highlights interest rates and better savings options.
- Interest and savings suggestions
- Spending tracking
- Personalised money tips
Best for passive savers who want prompts and reminders.
5. Plum
Plum is designed to help you save automatically. It includes interest-aware savings features and automated deposits based on your spending habits.
- Automated savings with interest visibility
- AI-driven saving rules
- Goal-based savings pots
Best for people who want hands-off saving.
How to Choose the Right Budgeting App for You
The best budgeting app depends on your personal goals and habits. When choosing, consider:
- Whether you want manual or automatic tracking
- How important interest tracking is to you
- If you’re focused on saving, debt repayment, or both
- Ease of use and design preferences
If you’re new to budgeting, pairing an app with a clear understanding of your spending is key. Articles like 5 Simple Ways to Track Your Expenses can help you build strong foundations.
Summary
Budgeting apps with interest tracking give UK savers a clearer picture of how their money works for — or against — them. By seeing the impact of interest in real time, it becomes easier to save money consistently and make smarter financial decisions.
Next step: Choose one app from this list and use it for 30 days. Small insights gained now can lead to better habits and stronger financial confidence.
FAQs
- Are budgeting apps safe in the UK? → Yes, reputable apps use bank-level security and FCA-regulated connections.
- Do budgeting apps track savings interest accurately? → Most provide estimates based on linked accounts and rates.
- Are free budgeting apps worth using? → Yes, many offer strong features without cost.
- Can budgeting apps help with debt repayment? → Yes, interest tracking highlights the true cost of debt.
- Do I need more than one budgeting app? → Usually no — one good app is enough.