bean

Bean app review

Find out more about this financial assistant app.

Bean update

Bean announced in 2020 that it would be discontinuing its app. This means that Bean is now closed to both new and existing customers.

If you’re looking for a personal financial management app, check out our guide to other budgeting apps in the UK market.


Bean is a comparison app that claims it could save you hundreds of pounds a year by tracking recurring payments such as household bills and offering better-value recommendations. It also suggests credit card alternatives and flags subscriptions you may have forgotten about.

We’ve analysed the key features and benefits of Bean in our review.

What is Bean?

Launched in 2016, Bean is a UK-based app that says it can help you save money by highlighting cheaper alternatives to services you’re using, and some you could potentially cancel altogether.

It can help you cancel unwanted subscriptions while also making “real-life recommendations” for better-value providers, for example, cheaper pet insurance. Or it might suggest you transfer your credit card debt to an interest-free card.

How does Bean work?

You can sign up to Bean on your computer or download the app on your iPhone or Android phone. After you’ve done this, you add a credit card or bank account to the app, choosing from over 200 financial providers in the UK.

The app is straightforward to use. Here are some of its features:

  • Find subscriptions. Bean scans your accounts to find recurring costs. From overpriced bills to the magazine subscription you never use.
  • Simple cancellations. Let Bean know if you want to cancel a bill or subscription and it will contact the provider to stop the payment.
  • Quick switching. Bean recommends better value providers then helps you switch easily. From household bills to credit cards.
  • Smart notifications. Bean will let you know of any savings opportunities, while also sending tips to help you manage your finances better.

How does Bean make money?

Bean is totally free to use. You won’t be charged anything for registering or using its service. Bean makes money by taking a fee from any companies you use after viewing Bean’s recommendations.

Bean says this “will never affect the information and recommendations we provide to you”.

How safe is Bean?

Bean is authorised and regulated by the Financial Conduct Authority (FCA). The company uses encryption technology to protect your personal information.

If you’re worried about giving a third-party app access to your finances, Bean is given a read-only view of your accounts, so it says it wouldn’t be able to make any changes.

In addition, Bean doesn’t hold your passwords but they are held by the companies or institutions where you become or are a customer.

Frequently asked questions

We show offers we can track - that's not every product on the market...yet. Unless we've said otherwise, products are in no particular order. The terms "best", "top", "cheap" (and variations of these) aren't ratings, though we always explain what's great about a product when we highlight it. This is subject to our terms of use. When you make major financial decisions, consider getting independent financial advice. Always consider your own circumstances when you compare products so you get what's right for you.

More guides on Finder

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site