Looking for a better way to split bills with your partner and save towards specific goals without having to visit a bank branch?

Then, opening an account with a finance mobile application is a perfect option for you and your spouse.

This article recommends some of the best financial apps for couples in the UK, highlighting their top features and benefits that might sound exciting to you.

According to a press release by Starling Bank UK, money matters is the reason for the most misunderstandings among couples, with three out of 10 couples facing these issues in the United Kingdom.

They often experience huge challenges trying to manage their money. However, financial contribution is the easiest solution to this problem by opening a joint account.

Finance apps can help couples with budgeting, money management, targeted savings, as well as to grow their money through investment schemes.

There are a lot of them, but not all will meet your financial needs with your partner’s. Stay tuned to discover everything to know about the best finance apps for UK couples, including how to register on these platforms.

Top 6 financial apps for couples in the UK

Finance apps are typically easy for UK couples to manage, providing a technology-inspired method of tracking their expenses and savings.

Below are the top financial apps to consider with your partner if you live in the UK based on their features, user benefits, reputation, and registration process:

Revolut

Founded in 2015, Revolut offers joint accounts that allow couples to collectively manage their finances.

Their mobile app is undoubtedly one of the best for UK couples, allowing them to receive their salaries directly into their Revolut account and take advantage of its shared money management platform.

Couples residing in the UK can open a joint account with Revolut and onboard within a few minutes. Over £18 billion is trusted with Revolut. So, you’ve got no worries, no matter how much you want to save on Revolut.

Top benefits of Revolut Joint Accounts

• Zero monthly fees when you opt for the Standard plan
• Access to two physical cards for shared spending and online payments, with options to select a Metal or Premium card on a paid plan
• Cutting-edge account security
• Autopilot feature, allowing you to stay on top of recurring payments

Honeydue

Even though Honeydue has its headquarters in the United States, specifically in New York City, it serves couples living in the UK pretty well, helping to save toward various goals for as long as you want.

With the Honeydue mobile app, you and your spouse can manage your finances better using a smartphone.

Honeydue is available on Google Play Store and Apple App Store for Android and iPhone users, respectively. Most of Honeydue’s users are couples looking to split bills and save money in GBP.

Top reasons to choose Honeydue

• Backed by top angel investors, including YCombinator and Mission Lane)
• Facilitates collaboration on savings toward specific goals
• Availability of investment opportunities within the app
• Access to loans
• Supports international payments to over 20,000 financial institutions across 5 countries, including the UK and the USA
• Reminds you to pay your bills
• In-app chat feature for you and your spouse
• Easily track transactions via the Honeydue app

Strabo

The Strabo app is one of the most underrated finance apps for couples, despite its extensive range of features.

As Strabo currently manages assets worth approximately £250 million, you can trust Strabo with your money, whether you want to save or invest.

Strabo is an excellent choice for couples looking to invest in digital assets like cryptocurrency and stocks. In fact, you can use Strabo to manage your portfolio within the app. 

Strabo’s signup process is free to all users, no matter the number of portfolios you want to manage.

Here are other reasons to choose Strabo:

• Get advice on growing your wealth within the app
• Access to multi-currency accounts, allowing you to save money in different currencies
• Customisable pages and widgets
• Account tagging and organisation into categories

Monzo

Monzo is one of the best financial apps for couples in the UK, offering current accounts with easy accessibility.

With an excellent rating of 4.5/5 on Trustpilot and over 11 million personal and business users, Monzo is another great option to choose from.

Couples living in the UK can open a free account with Monzo, a British online bank serving customers via a mobile app.

Their account has no minimum deposit and allows you to save up to £500,000. However, you and your partner must be between 18 and 69 years old to register with Monzo.

Check out Monzo’s top features and benefits:

• Automated bill features, which support timely payments and help prevent overdue
• 3.50% AER interest (variable) on savings, receivable monthly
• Instant access savings pot
• Availability of multiple investment options, which you can subscribe to with as little as £1
• In-app cheque and cash deposits across all Post Offices and PayPoints in the UK
• Access to a Flex Credit Card and credit, such as loans and overdrafts
• Zero charges on cash withdrawals in any country in the European Economic Area (EEA)
• £0 fees when you make payments outside the UK using your card
• Real exchange rate on foreign currencies
• Supports direct debits and standing orders
• Instant notifications on all transactions
• Up to £85,000 of your savings are protected by the Financial Services Compensation Scheme (FSCS) per person
• Live chat feature, which connects you to a real human if you need help anytime, any day

Lumio

Rated 4.6/5 on Google Play Store and 4.7/5 on Apple App Store, the Lumio app is a great couples finance app accessible to people living in the United Kingdom.

Lumio has over 200,000 million users, which includes several couples across the UK, using the app to track shared expenses, cut living costs, and save together toward various goals.

UK-based couples have managed transactions worth over £5.2 billion on Lumio. What makes Lumio unique compared to other finance apps for couples is its availability of a private and shared space, supporting confidentiality and expense splitting.

Top features:

• A shared space for easy access, allowing couples to manage their account and track their expenses from both ends
• A private space that allows you to control what bills, expenses, and accounts your partners can access
• Ability to connect over 100 banks and credit cards
• Expense tracker feature
• Automated bill feature to sort recurring expenses and subscriptions on your behalf

Emma

Launched in 2018, the Emma app is available on Android smartphones and iPhones, offering free installation to help you manage your finances with your spouse.

With the mobile app, you can track your finances and budget, as well as build your credit score with ease.

Emma has over 2 million verified users and has analysed over 10 billion transactions. Depending on your preference, you can choose to save or invest with Emma and make the most of your money.

However, you will need to connect your savings, current, or credit card account with Emma to get started. So, if your bank is not among the eligible financial institutions, you are ineligible to use the Emma app.

Here are some things you’d like about the Emma app:

• Zero account maintenance fees if you opt for the Free plan
• Access to advanced tools that help analyse your bank accounts and spending
• Investment opportunities of any amount with companies
• Generate QR codes and payment links to send or request money
• Guaranteed data privacy and account security due to their 256-bit TLS encryption
• Increase your credit score by reporting rent payments to Equifax, TransUnion, and Experian within the app
• Set up biometric features for enhanced account security
• Display of analytics, which allows you to track your spending habits and make smarter financial decisions
• Categorise all transactions based on your preference
• Track your savings, credit cards, investments, bills, and subscriptions right on the Emma app
• Manage your bank accounts without installing the Emma app by using your computer

Our recommendations of the best financial apps for couples in the UK are great for newlyweds, couples with children, and those who have been married for a long time.

You can download any of these financial apps from your app store for free and instantly register on the platform without account opening fees.

Remember to compare these finance apps based on their features and benefits, which allows you to determine which one fits your financial goals with your partner.

If there’s anything else you’d like to know, don’t hesitate to visit their website or contact their customer support team.