Now is a better time than ever to start using money-saving apps. We’ve researched the best money-saving apps of 2023 to help you create a nest egg and curb the cost of living quickly and easily.
Whether it’s staying on top of where your money is going, finding the best deals or earning cashback on your spending, these apps help you save money on everything from your Netflix subscription to online shopping and even holidays. Some users have reported saving thousands!
Read on to discover the 9 best money-saving apps of 2023.
The Best Money-Saving Apps In 2023: Quick Comparison Table
| App Name | App Category | Location | Cost |
|---|---|---|---|
| Subscription Panda | Subscriptions, including movies, TV, music, gaming, magazines, audiobooks and more. | Worldwide | Free |
| Rakuten | Online shopping | Europe | Free |
| RetailMeNot | Online shopping | Worldwide | Free |
| Too Good To Go | Food and drinks | Europe and North America | Free |
| Honey | Online shopping | Europe and North America | Free |
| Ibotta | Online shopping | US | Free |
| Upside | Travel and conveniences | US | Free |
| Slickdeals | Online shopping | US and Europe | Free |
| Swagbucks | Online shopping | America, Europe, Asia and some African countries | Free |
Subscription Panda
Subscription Panda tracks your subscription expenses in one place, including music, TV and movie streaming services, subscription boxes for food and consumables, magazine subscriptions — pretty much anything you can think of!
Subscription Panda sends email summary reports of your monthly subscription spending and trends. But it’s much more than just a money-tracking app: it helps you save money and avoid overspending too.
Perhaps your golf hobby was shortlived, but that Golf Life magazine subscription has continued in the background of your bank account, long forgotten. Or maybe you have an annual subscription you no longer need, but after missing the deadline you find you’ve accidentally renewed it for another year. Subscription Panda avoids these kinds of overpayment risks.
Email reminders about subscription renewals ensure you never miss a payment date, helping you keep track of your outgoings and ensuring you don’t miss a cancellation deadline for subscriptions you no longer need.
Additionally, you can access exclusive subscription deals, cutting the cost of spending on your favourite services and giving you access to premium features that might otherwise have been out of budget.
App Cost
Subscription Panda is entirely free to use and — even better — it doesn’t sell any of your personal information like other money-tracking apps do.
How much money could you save with Subscription Panda?
How much money you save with Subscription Panda depends on how many subscriptions you have, which it can either save you money on or avoid you from paying for unnecessarily. Added together, the savings could be huge.
The modern consumer spends an average of £225 GBP (€225 EUR/$275 USD) on subscriptions every single month — a number which could be drastically reduced through Subscription Panda’s exclusive deals and renewal tracking features.
Where can you find Subscription Panda?
You can join Subscription Panda waiting list by clicking here. It’s will be available worldwide, so wherever you’re based you can start tracking and saving on subscriptions once launched.
Rakuten
Rakuten tracks your online shopping activity, earning you cashback as you go. Cashback can be withdrawn straight to your bank account as money — so you’ll essentially get paid for doing your usual shopping activities. You can also use your cashback as Rakuten Points at an extra value of 20%. These points can be spent on purchases from selected vendors on items such as gift vouchers, eBooks, movies, audiobooks and more.
App Cost
Rakuten is completely free to use.
How much money could you save with Rakuten?
You can receive as much as 40% in cashback on purchases by using Rakuten.
Where can you find Rakuten?
Rakuten is available across Europe. You can register for free by clicking here. Once signed in, you can download their browser extension app to easily track your cashback on purchases as you go.
RetailMeNot
Similar to Rakuten, RetailMeNot allows you to accumulate cashback on online purchases, as well as save money through discounts and voucher codes. Offers available include everything from flowers to travel deals.
App Cost
RetailMeNot is free to sign up for and use.
How much money could you save with RetailMeNot?
RetailMeNot gives you the opportunity to receive between 1–10% in cashback on online purchases, which is paid directly to your PayPal or Venmo account. RetailMeNot’s discount offers vary but can be as high as 40%.
Where can you find RetailMeNot?
RetailMeNot is available worldwide. Simply sign up by visiting their website, then download their Chrome extension to make savings while you shop. You can also download the RetailMeNot app to find deals.
Too Good To Go
Too Good To Go helps you save money on food — all the while reducing food waste.
Rather than sending unsold food to landfills, businesses can offer ‘Magic Bags’ of leftover food at a discounted price to Too Good To Go users.
A huge variety of businesses are available on the app, from local cafés to luxury hotels and restaurants, allowing foodies to save money on everything from pastries to sushi.
App Cost
The app is free to use. Simply download it from the app store and start searching for local restaurants near you.
How much money could you save with Too Good To Go?
The discount offered varies, but it’s been shown that using the app every day could save you as much as £100 per week — all while feasting like a King/Queen!
Where can you find Too Good To Go?
Too Good To Go is available in Europe and North America on Android, iOS and Huawei AppGallery. Click here to download it now.
Honey
Honey applies discount codes to checkouts as you shop. By testing different codes, Honey finds the one giving you the biggest discount and applies it to your basket, so you’ll instantly taste those sweet, sweet savings.
It also offers exclusive deals and a points system, Honey Gold, rewarding you for your online purchases.
App Cost
Honey is completely free to sign up for and install.
How much money could you save with Honey?
The average discount applied by Honey is 17.9% and users receive an average of £104 GBP (€118 EUR/$126 USD) in discount code savings annually.
Where can you find Honey?
Honey is available for shoppers in Europe and North America. You can sign up via their website, download the app or add the browser extension.
Ibotta
Ibotta is a frugal shoppers’ favourite for making huge savings. Receive exclusive cashback offers from your favourite brands, which you simply click to activate during your purchase. Then, easily withdraw your Ibotta earnings straight to your bank account whenever you want.
App Cost
Ibotta is free to sign up for and use.
How much money could you save with Ibotta?
On average, Ibotta users earn $10–$20 USD in cashback per month. The most active users receive as much as $300 USD per month.
Where can you find Ibotta?
Ibotta is available to US shoppers. Sign up by visiting their website or by downloading the Ibotta mobile app.
Upside
If you have a daily commute, a road trip planned, or are generally on the move a lot, Upside could be a great option for you to save money as you travel. Upside offers cashback on gas — something more important than ever, with prices on the rise.
The community-focused company also offers cashback on purchases from convenience stores, grocery stores, restaurants and other local amenities. Your savings on all those small but regular transactions can quickly add up.
App Cost
The Upside app is free to download and use, although be aware that there may be a fee for withdrawals.
How much money could you save with Upside?
Upside users can save as much as 25 cents per gallon at gas stations.
Where can you find Upside?
Upside is available to US shoppers via their website and the Upside app.
Slickdeals
Slickdeals is essentially an online forum where a passionate community of shoppers share great deals and discounts. Join the community to find exceptional offers and partake in product feedback and discussions, helping you choose recommended items.
App Cost
Signing up for Slickdeals is free.
How much money could you save with Slickdeals?
The discounts offered on Slickdeals vary, but generally range from 5–10%.
Where can you find Slickdeals?
To join the Slickdeals community, visit the website, download the iOS or Android app, or add the browser extension. Currently, only US users can create an account, but those in the EU can still browse the Slickdeals website to find amazing offers in their country.
Swagbucks
Swagbucks is another option for those looking to earn money as they shop, without raising a finger. Users earn points, called SB, for online shopping activities. These points can be redeemed as gift cards for popular retailers, directly to your PayPal or Visa card or as a cheque in the mail.
App Cost
Swagbucks is free to sign up for and download.
How much money could you save with Swagbucks?
According to Swagbucks' website, most members earn $365 USD to $1,825 USD a year (as much as £1,500 GBP or €1,700 EUR). So-called ‘diamond-level members’ have earned over $20,000 USD (£16,500 GBP/€18,500 EUR) from the app, which in turn rewards them an extra $250 USD (£205 GBP/€230 EUR) bonus directly from Swagbucks themselves.
Where can you find Swagbucks?
Swagbucks is available across the Americas, Europe, Asia and some African countries. You can sign up for free on their website or add the SwagButton browser extension for instant deals while you shop online. Meanwhile, downloading the mobile app provides free gift cards and vouchers while you’re on the go.
Conclusion: What is the best app to help you save money?
When it comes to what app is best to help you save money, it depends on what your spending activities are.
As a rough guide, these are the best money-saving apps to use for each type of purchase:
- Subscriptions — If you’re big on subscriptions, then Subscription Panda is the best money-saving app to help you track where you’re money is going, access exclusive subscription deals and avoid overspending.
- Online Shopping — If you’re an online shopaholic, apps like Honey, Slickdeals, Swagbucks, RetailMeNot and Ibotta are ideal for saving you money as you go on everything from fashion to furniture.
- Food — Too Good To Go is the best money-saving app for foodies looking to eat at delicious restaurants and cafés at unbeatable prices. And you’ll be doing your part for the environment by reducing food waste too.
- Transport — Upside is a favourite for reducing travel prices thanks to their offering of cash back on fuel. This makes it an essential for commuters and holiday-makers alike.
If you’re looking for more advice on ways to save money easily, read our guide to the best budgeting apps in 2023.