Although most of us don't particularly enjoy it, practically everyone needs to create a budget. Many strategies help people budget and track their money. There are also many personal financial apps that simplify budgeting now. But what if you're in-between and don't want to spend time on budgeting applications but want their benefits? If so, the Qube Money app is for you.

What is Qube Money?

Financial technology startup Qube Money offers full-service mobile banking. Through the Qube Money digital budgeting software and debit card, individuals can use the effective cash envelope technique online. Qubes are digital envelopes that allow the splitting of money with a debit card and the Qube Money app.

Financial health coach Ryan Clark started Qube Money after getting disappointed with budgeting applications, savings programs, and debt reduction methods. None of the Qube money alternatives addressed spending hence making this app unique. Qube Money customer service has made getting started with the app very easy, follow the simple steps discussed below, and youre good to go.

• To sign up, simply visit Qube Money's website. The home page has "a Get Started" button. Click it to begin.
• Then, submit your name and email address.
• Qube must verify your phone number. Enter your phone number and wait for Qube to text your verification code.
• You have one minute to input your code, so have your phone handy!
• Enter the verification code to continue.
• Create a password for your account next.
• You can choose the design of your mail-out Qube Card after that.
• Qube needs your address to send your Qube Card. If you have a US address, a Qube Card will be mailed to you after your initial deposit.
• Qube also requires your birth date and SSN to authenticate your identity under federal law. This step lets you enter that information.
• Qube then asks some questions to get to know you. Qube claims this won't affect your application.
• After this step, Qube will ask you to examine and validate your application details. Edit any information as needed.
• After verifying your information, review your account type in the final step. Applicants for Qube Money customer service must agree to the terms and conditions.

Cost of Qube Money

There are three common Qube Money account options you can choose from as of June 2024. Try Qube Money's free Basic plan to see whether it fits. However, account creation costs $5. Basic includes a personal bank account and ten Qubes. Basic members can use peer-to-peer transactions and integrate their Qube cards with Apple Pay and Google Pay.

Next comes the premium. It includes all Basic features plus unlimited Qubes and recurring transfers. Partner accounts and alerts are a Premium plan benefit. The Monthly Premium plan costs $12; the Annual plan costs $108.

The Qube Money app also offers a Family plan for $19/m or $180/annually. Family plans contain all Basic and Premium features and up to five authorized users. Adults, teens, and children can have separate cards, and parents can restrict account rights as they see fit. The Family plan lets you log chores and request money in-app.

Qube Money Features

Digital Cash Envelopes Qubes

The key characteristic of Qube Money is Qubes. Virtual envelopes called Qubes can divide your budget and help maintain balance. One Qube may be for rent or mortgage payments, and another for bars and restaurants, and so on. To track your expenditure for each task, designate Qubes for the goal you prefer.

The Qube Cloud stores your Qube account deposits until you designate them for purchases. You can also set a monetary sum for each Qube. When you contribute money to Qube Money, the app funds each Qube based on the dollar amount you selected. You may also define custom rules for online bill pay so the app knows which Qube to pull from.

Debit Card

A unique debit card from Qube Money customer service might help you manage your budget better than others. Once you unlock a Qube via the app, the debit card has a balance. Your Qube money will automatically fund the card. You can spend with a debit card and track your transactions with the app easily. Moreover, the Qube app updates your Qube balance after each purchase.

ATM Accessibility

The Qube Card lets you withdraw money from your account at any ATM. You can make three ATM withdrawals every day for up to $250, which is the best when compared to Qube Money alternatives. Moreover, Qube Cardholders can get $10 each month in ATM costs reimbursed.

Is Qube Money Best For You?

So, who should use Qube Money? Below are some of the best fits for this app:

Couples Seeking Financial Improvement

Finances can strain any relationship. Qube Money app can help couples keep each other accountable and achieve financial goals. Opening a joint account lets both people have Qubes for personal expenses. Shared Qubes make collaborative spending easy to track and pay.

Premium accounts allow couples to open joint accounts and families to have kids' cards. These accounts let partners create shared Qubes for joint costs and individual Qubes for personal expenses. Each partner can use the Qube Money app on their devices and has a debit card.

Joint accounts notify you of your partner's purchases, and they will also inform you of the purchase location and amount.

People Needing Budgetary Aid

Qube may help you figure out where their money went each month. Because you must unlock a Qube before buying, it enables you to spend more intentionally. It can also track costs to identify areas of budget strain and allow you to cut back.

Final Verdict

Qube Money app is powerful for simple, digital budgeting. With its cash envelope method, users can spend money intentionally and improve their finances. The app's Qube debit card, ATM access, and direct deposit make it more convenient. Basic is a wonderful start, while Premium and Family offer more benefits for couples and families. However, monthly fees and setup costs may deter some customers; in that case, you can consider other Qube money alternatives. Lastly, Qube Money is great for individuals and couples trying to enhance their budgeting and financial objectives with a modern, user-friendly platform.