The truth about the app qapital and what I really think about it. So in this video I'm going to break it down and compare it to its direct competitors, Sofi Money, Acorns and m1 Finance.

the truth about qapital

Quick start: Apparently Qapital was free? And they are switching to a subscription system.
My theory: they needed revenue, and I understand that
Subscription:
Base:
– 3 per month
– Save with your goal in mind
Completely:
– 6 per month
– Save and have goals (automatic check)
– A debit card with which you can save and a budget tool
– Also invest based on your risk tolerance
Master:
– 12 per month
– Save, debit card, invest (take automatic check)
– Access to exclusive webinars
– Beta testing

I went with the 12 membership for my 30 free trial.

VAT demo
– Millennials 23-40
– Graduates
– Seekers of simplicity
– Well organized

Highlights

Goals and rules: n26 calls it spaces, sofi calls it errors, and big banks call it multiple savings for a fee.
Very cool:
raids,
automatically save when you buy something like McDonalds,
take 500 steps and save:
Freelance and save for taxes
52 week savings rule: 1 first week, 2 second weeks and so on.
– Thoughts
(Regulations)

Earn interest on spending on goals: 0.1%, compared to Varo 2.80% or Sofi 1.6%
– Thoughts

FDIC Insured: It is backed by Wellfargo and the debit card is an affiliate of Lincon Bank, up to 250k
Thoughts:

Payday Divvy: Allows you to automatically deduct a percentage of a paycheck (Sofi has a similar feature)
Thoughts:

Cons:
Interest: 0.1%
– Thoughts: Losing against inflation
Customer service
– Sometimes you want to talk to a real person
Subscription
– 3,6,12
– It's all way too expensive
– Thoughts: I understand a fee, and I think the perfect fee would be 0 since you're holding people's money.
– Invest 1, and that's it

Users:
Difficulty linking external accounts (my account will link ASAP but I have a chase)
Some people can pause lines (a big problem if you're low on cash)
Buggy (it went smoothly for me, but I could see how so many features could make it buggy)
Withdrawing and transferring money (takes a long time)

*PRO TIP*
INFORMATION IS EVERYTHING

Merchandise
https://teespring.com/stores/tommybryson

2 FREE AUDIO BOOKS
https://amzn.to/2Enayo8

GRAN FREE 5
Link: https://acorns.com/invite/38EYSU

FREE KINDLE UNLIMITED (Traditional Reading)
Link: https://amzn.to/2VGbxt9

‍DISCORD PRIVATE GROUP‍ (limited – comment if full)
https://discord.gg/JVsXZ6h

My camera gear: https://amazon.com/shop/tommybryson

Help us reach 50,000 subscribers: https://goo.gl/0wvm6w

Social media

Facebook: https://www.facebook.com/tommybryson.yt
Twitter: https://twitter.com/TommyBrysonVlog
Instagram: https://www.instagram.com/tommybryson
Snapchat: tommy28fly

Please take the opportunity to connect and share this video with your friends and family if you find it helpful.