Blog

What Is Sav MyMoney and How Can It Help You? Do you wonder where your money went by the end of the month? Whether it is an impulsive online purchase or a sudden bill sneaking up on you, managing finances can be a complex puzzle with too many pieces. However, managing your expenses is a skill-turned-need today, and if you are not keeping up with your spending, you’re impeding your financial growth. In UAE’s 2024 Financial Literacy Survey by Visa, 44% of respondents believed they wanted to learn more about budgeting and financial planning. The best way to learn and plan personal finances is by having a clear view of your income and expenses, analyzed and categorized.  Enter Sav MyMoney—the ultimate tool designed to help you take control of your financial life.  What is Sav MyMoney? Sav MyMoney is our latest offering, packed with features to help you master your money. We’re excited to introduce you to its first feature – smart expense tracker. It’s your personal guide to seeing exactly where your money goes, helping you turn financial confusion into confidence.      By connecting all your bank accounts to the Sav card, the app consolidates your financial data, categorizes your expenses, and delivers stunning, actionable insights. But why is this important? In the journey towards financial stability, understanding where your money goes is the first step to achieving your financial goals. Sav MyMoney does more than just track your monthly spending; it helps you see the bigger picture, offering a clear view of your financial landscape. One-Stop Expense Sheet for All Your Accounts Sav MyMoney automatically tracks transactions across all connected accounts, categorizing them into predefined expense categories. In simple terms, connect all your bank accounts and let the app do the rest! Want to know how much you spent on coffee this month? Curious if your bank charged you an annual credit card fee? Once your transactions are categorized, Sav MyMoney provides detailed categorization of spendings in visually appealing patterns, making it easy for you to understand your spending patterns at a glance. Features: Take Control of Your Expenses Sav MyMoney is packed with features designed to help you optimize your spending behavior: Unlimited bank accountsYou can connect unlimited bank accounts, all in one place. This eliminates the hassle of switching between different banking apps to track your finances and maintaining a manual expense sheet. Save time, money, and effort in one go! Comprehensive categorizationWith over 15 expense categories, every transaction is accurately categorized, giving you a clear understanding of where your money is going. Understand which category weighs in the most on your expenses and get insights about where you could save more. Transaction historyAccess up to 180 days of transaction history with this expense tracker, allowing you to review past spends and identify trends over time. Hence, you don’t have to go back to your banking apps and passbooks, now and then, to check your balance and history. Goal settingStability in personal finance begins with goal setting. The app allows you to set goals and track your progress towards achieving them. Whether you’re saving for your next vacation or paying off a debt, Sav helps you stay on track. Complete data securitySav MyMoney takes your privacy seriously. We don’t want to know how you used your money; we want you to know it. All your financial data is securely encrypted and used solely for the purposes you’ve consented to. You can revoke your consent anytime, giving you complete control over your data. Start Saving Smart with Sav MyMoney In times when data is available at your fingertips, leveraging it to track personal spending is the smartest move you can make. Sav MyMoney presents your data over a user-friendly interface in a simplified way, making it easy for you to: Compare expenses month-to-month or week-to-week. Track your subscription and get visibility into your auto-debits. Manage your money without paying a penny. Sav MyMoney is completely free. The app is available on iPhone and Android platforms, ensuring you can track your finances on the go. Plus, with regular updates and new features in the pipeline, Sav MyMoney continues to evolve, offering even more value to its users. So, download the expense tracker app, connect your bank account and know where your money is going! FAQs 1. What is Sav? Sav is a money-management app, allowing you to stick to your money goals, plan for the future, and spend confidently in the present.Your Sav card helps you meet your goals – just connect your bank account, top up your Sav card, choose goals you would like to set aside money for, and apply rules that automatically allocate funds toward your goals. The money set aside for your goals is safe. It is always available on your prepaid card and held with our partner financial institutions licensed by the CB UAE.You can use your Sav card to get additional rewards and cashbacks while spending. Check out our offer page to find the latest deals and promotions. 2. Is Sav a bank? No, ‘Sav Technologies Limited’ is a technology company registered in the Dubai International Financial Centre, Dubai, UAE, with registration number # 5474. Through our banking partnership with Mashreq Bank, VISA and NymCard, we provide VISA prepaid cards. 3. Does Sav issue bank accounts? No, Sav does not issue any bank accounts. Instead, Sav offers prepaid Visa cards issued by our partner bank, Mashreq Bank PSC, pursuant to their license from Visa. The money in your savings goals is always held with our partner bank in your individual Sav Card.  4. How is my Mashreq account different to the Sav account? At Sav, we do not issue any bank account. It’s a prepaid Visa card. Share article Instagram Linkedin Facebook-square Twitter-square

How to Use Sav MyMoney? A Walkthrough. Are you tired of juggling multiple bank accounts, tracking expenses manually, or looking to optimize your spending habits? In today’s hyperconnected world, managing finances efficiently is not just a skill anymore, but a necessity. Enter Sav MyMoney — an advanced offering by Sav to master your money. With its spending analysis feature you can take complete control of your finances. In this article, we will explain how to use Sav MyMoney so that your money shines brighter. Decoding Sav MyMoney Sav MyMoney is a new-age financial management product that comprehensively overviews your spending habits. By linking all your bank accounts and financial transactions to the Sav card, Sav MyMoney consolidates your financial data in one place. This feature categorizes your spending under broader categories, giving you a clearer picture of where your money goes. This powerful finance tracker helps you manage your budget more effectively and simplifies your financial life. How to Use Sav MyMoney to Optimize Spending Behavior Our financial goals and spending behavior are deeply intertwined. Sav MyMoney doesn’t just track your spending; it helps you optimize it so that you love the look of your money and achieve your goals. Track your spending: The spend analytics feature tracks your expenses in real-time, categorizing them to provide you with actionable insights. You’ll always know where your money is going, adding a sense of security and peace of mind, and helping you stay on track with your financial goals. Make smarter decisions: Regular updates and insights inform you about your spending habits, helping you make smarter financial decisions. Your Financial Data Is in Sav Hands  When it comes to money, ensuring privacy is paramount. We don’t want to know how you use your money; we want you to know it. Your data will be solely used for the purposes you have consented to, providing insights into your financial reality and helping you shape it. You can revoke your consent at any time for any reason. With Sav MyMoney, you can be rest assured that your financial data is secure. How to Get Started with Sav MyMoney Setting up Sav MyMoney is a breeze. Here’s a step-by-step guide to help you reach your optimized finances. Link your bank account: To set up Sav MyMoney, simply link your bank accounts. The app supports unlimited bank accounts, so you can consolidate all your finances in one place. Automatic categorization: Once your account is linked, Sav MyMoney automatically categorizes your spending into predefined categories. You don’t need to track manually – leave it to Sav app to track spending for you, absolutely hassle-free. Easy-to-view dashboard: After linking your account and categorizing your expenses, you can access your financial data in one easy-to-view dashboard. Moreover, this dashboard provides a comprehensive overview of your spending patterns, helping you make informed financial decisions. Start analyzing your spending behavior: The Sav MyMoney       product is designed with you in mind. This feature provides detailed insights that allow you to understand your financial behavior and identify areas for improvement. Why Make Sav MyMoney Your First Choice? Ditch the dated and manual ways of tracking expenses and give your money the freedom it deserves with Sav MyMoney.  Monitor expenses with ease: Whether you want to compare and track daily expenses or month-to-month or week-to-week, Sav MyMoney gives you the flexibility to do so. Zero surprises, just savings: Sav MyMoney is completely free to use, with no hidden costs or subscription fees, making it the best expense tracker app, offering a range of features that make it easy to track personal spending. Best free money tracking app: With its user-friendly interface, powerful analytics, and robust security features, Sav MyMoney stands out as the ultimate tool for anyone looking to take control of their finances. Moreover, it is available on both Android and iPhone. Wrapping up! Everyone wants to feel good about money and we understand this feeling. That’s why we are here to make money management accessible, simple, and rewarding for you. Whether you’re striving to save more, spend more smartly, or simply understand your financial habits better, Sav MyMoney is more than just an expense tracker; it is your financial ally. Don’t wait — start using Sav MyMoney today and take the first step towards a smarter financial future. With Sav MyMoney by your side, financial clarity and confidence are just a few clicks away. FAQs 1. What is Sav? Sav is a money-management app, allowing you to stick to your money goals, plan for the future, and spend confidently in the present.Your Sav card helps you meet your goals – just connect your bank account, top up your Sav card, choose goals you would like to set aside money for, and apply rules that automatically allocate funds toward your goals. The money set aside for your goals is safe. It is always available on your prepaid card and held with our partner financial institutions licensed by the CB UAE.You can use your Sav card to get additional rewards and cashbacks while spending. Check out our offer page to find the latest deals and promotions. 2. Is Sav a bank? No, ‘Sav Technologies Limited’ is a technology company registered in the Dubai International Financial Centre, Dubai, UAE, with registration number # 5474. Through our banking partnership with Mashreq Bank, VISA and NymCard, we provide VISA prepaid cards. 3. Does Sav issue bank accounts? No, Sav does not issue any bank accounts. Instead, Sav offers prepaid Visa cards issued by our partner bank, Mashreq Bank PSC, pursuant to their license from Visa. The money in your savings goals is always held with our partner bank in your individual Sav Card.  4. How is my Mashreq account different to the Sav account? At Sav, we do not issue any bank account. It’s a prepaid Visa card. Share article Instagram Linkedin Facebook-square Twitter-square

The Most Rewarding Savings App in the UAE: Unveiling Sav In today’s dynamic world, saving money can feel like an uphill battle. Between rising living costs and enticing “treat yourself” moments, staying on track with financial goals can be a challenge. But what if there was an app that not only simplifies saving but also rewards you for your discipline? Introducing Sav, the UAE’s most rewarding savings app, designed to empower you to achieve your financial aspirations. Built with Your Savings Goals in Mind. Sav goes beyond being just a savings app. It’s a comprehensive financial companion that leverages five core pillars to transform your saving journey:  Effortless Saving: Tired of manual transfers and missed contributions? Sav offers a suite of automation tools like Salary Sorter, Round-Up Spare Change, and Set & Forget to make saving seamless. These features ensure your goals are prioritized without any additional effort. Spend Wisely, Save Smartly: Sav doesn’t restrict you from everyday spending instead helps you to spend sustainably. Every registered user receives a virtual debit card powered by VISA, allowing you to spend conveniently while still contributing to your saving goals. With every purchase, spare change gets rounded up and deposited towards your round-up saving plan. Furthermore, the Sav card boasts global acceptance across over 80 million merchants, giving you spending flexibility without compromising your saving aspirations. Earn Rewards as You Save: Sav celebrates your saving milestones! Every dirham saved earns you a Sav Coin, which unlocks a treasure trove of rewards. Imagine treating yourself to a free coffee, catching a movie on the house, or enjoying discounts on your favorite e-commerce platforms – all for making smart financial choices. Beyond Sav Coins, Sav offers exclusive incentives like noon gift vouchers and cashback on utility bills, providing a tangible boost to your saving efforts. Effortless Money Transfers: Say goodbye to cumbersome bank transfers and account details. Sav introduces a unique Sav ID system, allowing you to send and request money instantly and for free using just a username. This fosters a seamless money-sharing experience amongst friends and family. Introducing Save Now, Buy Later (SNBL): Sav is pioneering a revolutionary concept in the GCC region – SNBL. This innovative feature allows you to set a saving goal for a specific purchase, with Sav itself contributing a portion to expedite your saving journey.  Sav: Your Gateway to Financial Freedom Sav is more than just an app; it’s a paradigm shift in how you manage your finances. By incorporating automation, gamification, and rewarding incentives, Sav empowers you to achieve your financial goals effortlessly. So, take charge of your financial future. Download Sav today and embark on a rewarding journey towards financial well-being. What is Sav App? Sav app will make you feel good about money with fun saving rules, and rewards for EVERY Dirham you save. We are ambitious, positive, and always focused on what matters most to people. How can I join Sav? You can start your savings journey with Sav by downloading our app – iOS or Android How does Sav help in saving money? Sav helps you to plan for your financially for your short term & long term savings goals. You can start your savings journey with Sav by planning, tracking & investing your money. For more, Download our app – iOS or Android. What is SNBL SNBL stands for Save Now Buy Later, a concept that encourages sustainable spending.  What brand coupons does SAV offer? SAV offers coupons & vouchers for all top brands like Namshi, Noon, Under Armour, Lacoste, Clarks, Myprotien, Tommy Hilfiger, and more. Explore more coupons & Vouchers.  Where can I buy Noon coupons? You can get noon coupons at SAV coupons & vouchers. We also have coupons & vouchers from other top brands like Namshi, Aldo, fragrance & more.  How much discount does Namshi coupon give? Discount for Namshi coupon may vary according to your preference. It varies between the 5-20% range. You may check for Namshi coupon in our coupons collection.