I'm one of the people that use Digit to help me save a few extra bucks a month -- I'd let it take money out of my savings that I wasn't already dedicating to being saved and transfer it to my personal savings account at the end of the month. Today, I received an email from Digit that stated the following:
"Today we have a couple of big announcements to make.
As Digit becomes a more important part of our customers' financial lives, we’ve decided to make a conscious decision about how we want to make money: We work for you, and you pay us. It should be that straightforward. Too many financial services complicate things by making money doing things not in the best interest of their customers. Charging for Digit will allow us to support our service while making sure we always do what’s right for the customer.
A monthly subscription will cost $2.99. For all existing users, Digit will remain free for the next 100 days.
We are also significantly increasing the Digit Savings Bonus. All customers will now earn a 1% Savings Bonus (up from 0.20%). With the recent introduction of Goalmojis, customers are saving more than ever, and we want to make sure you're earning real rewards for saving with Digit.
Thank you for being an early user, believer and fan. You have helped sparked the savings revolution. We promise to continue building products that make your financial life easier and better.
Feel free to reach out if you have any questions."
TL;DR Digit will charge $2.99/mo but their savings will be 1% instead of .2%
EDIT: Formatting
Submitted April 11, 2017 at 01:46PM by Mdude2312 http://ift.tt/2o0UqNV
