It’s
free to start setting aside money with Plum
. The free Plum Basic plan includes the app download and registration, as well as unlimited deposits and withdrawals, and the automatic deposit feature and bill analysis. But there are fees for investing your money with Plum: Investment fee.
How much does a plum cost?
| A G | 1 Plums—Average retail price per pound or pint and per cup equivalent, 2016 | 2 Form Average price | 3 per cup equivalent | 4 Fresh 1 $0.77 |
|---|
Does Plum cost money?
It’s free to use the Basic Plum tier
.
How much is plum monthly?
There is a £1 monthly charge which goes to Plum,
a 0.15% annual fee
(charged monthly) for our product provider and fund specific fees (0.22-0.90% depending on the fund, charged annually). You can find the fees specific to each fund by reading the fund overview in Plum.
Is it worth paying for plum?
Plum is also a
good tool for people looking to pay off their overdraft or credit cards
by putting aside money that you can use later. Plum will only use your overdraft for auto-deposits once you have a zero balance. This can help anyone who is looking to take control of their finances.
Is Plum money saving safe?
Plum was launched in 2016 and is authorised and regulated by the Financial Conduct Authority as well as offering
protection
from the Financial Services Compensation Scheme (FSCS).
How many plums is 28 pounds?
If the plums are marked as 55, in a volume filled container, you will find many
more than 55 plums
in the 28 pound container.
Which is better plum or Moneybox?
Plum is great
if you have trouble saving on the whole and want a simple no fuss solution, whereas Moneybox has a larger range of accounts such as a personal pension. In terms of investment options Plum offers more fund options and is cheaper overall.
Why is Plum taking my money?
Plum Interest Pockets: Money saved with Plum in an Interest Pocket
is held on Trust with a UK Bank
. A Trust is a legal mechanism which means we can look after your money, but legally it never stops belonging to you.
Why does plum take so long?
Withdrawals from investments take longer because the funds must be sold on your behalf
. Depending on the investment, it normally takes 5 working days for the money to be deposited back in your Plum account (rather than your bank).
Where does plum put my money?
Plum Interest Pockets: Money saved with Plum in an Interest Pockets is
held on Trust with a UK Bank
(legally it never stops belonging to you). If anything were to happen to Plum then the bank can return your money to you directly.
How often does plum save?
Save little and often — Plum aims to save
5–7 times a month
for you thus allowing for your spending to be different every month. It doesn’t make you commit to a big chunk at the beginning or end of the month.
