For consumers that struggle with remembering to put money away, the Digit savings app is designed to help automate the process and put a portion of tax returns away in the interest of the consumer. The app helps to remind consumers that are busy or absent-minded when it comes to finances, to invest into their savings with a pre-programmed draw system.
The Digit app is ideal for consumers that want an active reminder to put money away into savings. The platform leverages automated technology to help consumers save their money. Users enter into the app the amount of their federal tax return they would like to put away. This way when the return is automatically deposited into the consumer's bank account, the app pulls the pre-chosen portion out and puts it aside.
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