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finder.com’s rating: 2.7 / 5.0
★★★★★
Overcoming debt requires constant attention, but Qoins might be able to make it easier. It sets aside your spare change every few days, then makes an extra payment toward your debt at the end of the month. But first, you’ll need to give the app access to your checking account.
N/A
APY
$1.99
Fee
$0
Minimum deposit to open
Review by
Peter Carleton is a writer that covers banking and investing, breaking down what you need to know about where you put your money. When Peter's not thinking about cutting-edge banking apps and robo-advisors, he runs a creative agency and spends his spare time cooking or reading.
But you’ll need to give Qoins access to your checking account.
While this app can be a convenient way to start paying down your debt, there are a few things you should watch out for:
If you rather open a savings account, you’ll want to keep looking. As always, compare your options when choosing a savings account.
If you need help with signup or assistance with your account, you can reach customer service through the support page on the Qoins website. While the company doesn’t have a dedicated phone support team, you can schedule a phone call if necessary.
★★★★★ — Excellent
★★★★★ — Good
★★★★★ — Average
★★★★★ — Subpar
★★★★★ — Poor
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