WeMoney is a new app in Australia that lets you track your spending, investments and credit history. You can now see all your financial products (such as bank account, shares, micro-investments and more) in one dashboard.
Before signing up, make sure you take advantage of this WeMoney referral code to get $5 free!
WeMoney Referral Code – $5 Bonus
Here is how to get $5 free from WeMoney:
- Download and install the WeMoney app from the App Store.
- Enter the code: TWWX6356
- Enjoy your bonus!
What is WeMoney
WeMoney is a dashboard for your finances that is purpose built for Australians and supports Australian banks and investing platforms. Here is what it does:
- Overview of your money – Get a complete overview of your savings, cash accounts and investments (such as stocks).
- Financial Health Score – WeMoney tracks your income and expenses. Your expenses also get broken down into categories so you can see where your money is being spent.
- Bill Tracking – See which bills are upcoming.
- Credit Score Tracking – WeMoney will automatically track your credit score and alert you if anything pops up. You can monitor your score to see how you can improve it over time.
- Support for Apps like Stake and Spaceship – Track your investments that you've using neo-investment apps.
Why use WeMoney
If you're looking for an app to automatically track your financial accounts, then WeMoney could be for you. There are a few of these apps in Australia, but WeMoney is the best designed in my opinion. I found it the easiest to use – the signup process was easy and so was linking my accounts.
I also love that WeMoney supports apps like Stake and Spaceship – two investing app that I use. I like the idea of getting a complete overview of all my accounts without needing to check into each app. I also liked being able to check my credit score. It's not something I've thought much about (even though I just bought a house), but it's nice to know it's looking healthy.
WeMoney is still in beta so there might be some bugs here and there.