Overview of Albert App
Albert app is a low-cost financial app. It allows users to aggregate all their financial accounts in one place. Those overwhelmed by using multiple financial apps, to manage savings, to manage investments, and for budgeting. Users may want to cancel them all in favor of Albert. They can establish a budget and begin saving money, paying off debt, and even provides human-guided investment advice. Also, it charges lower monthly fees than most of its competitors. It offers more services in exchange.
Pros of Albert App:
- Aggregate all your financial accounts — Users can link bank accounts, credit card and loan accounts, investments in one place.
- Begin investing with as little as $1 — The minimum required to begin is $1, and users can fund their account through automatic investing.
- Low fees — Users can fully participate for as little as $4 per month. This includes the Genius program, the savings, and investment programs.
- Commission-free investing — It charges no trading fees for the funds and stocks held in the account.
- Human guided investment advice — Get a standard Robo-advisor model based on algorithms.
- Earn bonuses on your Savings — Users get a minimum of 0.10% per year, but they can also get 0.25% for Genius.
- Instant — Get the ability to get a cost-free $100 advance against the next paycheck.
- Referral program — Users get $20 for each friend they refer who remains in the program for at least 90 days. The friend also receives a bonus amount.
Cons of Albert app:
- No live customer service — The platform can only be contacted through email.
- No retirement investment option — It provides guidance for taxable investment accounts only.
What is Albert app?
Albert app is a multifaceted financial platform. It helps users save money, aggregates all accounts in one place for a complete view of their financial life while lowering the bills. It gives users financial help and develops a personalized financial plan. It even guides you in investing your money.
It was founded in 2015 by Albert Investments, LLC. It is an SEC-registered investment advisor. They don’t manage your investment portfolio for you – instead, they offer a long list of assets to build your portfolio with.
The app helps you save money so that you can invest more. It monitors your budget for potential savings and lets you know when you’re in danger of overspending. It has a rating of 4.6 out of five stars from more than 54,000 iOS users on the App Store. It also has well over 11,000 Android users on Google Play.
Its Genius plan gives users access to live human financial advisors and provides expert financial guidance. These experts rely on a combination of algorithms and their own years of experience. And provide users with guidance to apply to their own circumstances.
They regularly work to review your bills, bank fees, and send you alerts. You’ll also be provided with helpful financial topics that covers everything from managing and paying off debt, student loans, using travel miles, finding the best insurance deals, and investing. Also, they’ll help you to find savings you’re missing, identify bills you’re overpaying, and show you how to accelerate debt payoff and save money automatically.
Features of the app:
- Financial Checkup Score: It provides a score of a major area of the finances that ranges from 0 to 100. The categories include savings and investments, debt burden, insurance policies, and fees and rewards paid or earned through banking and credit cards. It’ll suggest actionable ways to improve your financial checkup score to help keep you moving forward in your finances.
- Mobile App: It is available on Google Play for Android devices, as well as at The App Store for iOS devices. It’s compatible with iPhones, iPads, and iPod touch devices.
- Referral program: Albert pays you $20 for every friend you refer who signs up for Albert Genius. Your friend receives a bonus just for signing up and staying subscribed. The friend must remain subscribed for a minimum of 90 days.
Features that unveil when you sign up:
Get access to Albert’s plans like:
- Instant
- Savings
- Investments
- Planning
Frequently Asked Questions:
- Which OS supports the app?
Both Android and iOS platforms support the app.
- Is the app free to use?
Yes, the app is free to use. It also has some in-app purchases.
- Is the payment secured for in-app purchases?
Yes, the in-app purchase payment method is secured.
Which permissions are required to use the app?
It requires the following permissions:
Contacts – read your contacts
Location – precise location (GPS and network-based)
Photos / Media / Files –
- read the contents of your USB storage
- modify or delete the contents of your USB storage
Storage –
- read the contents of your USB storage
- modify or delete the contents of your USB storage
Camera – take pictures and videos
Wi-Fi connection information – view Wi-Fi connections
Other
- receive data from the Internet
- View network connections
- full network access
- run at startup
- control vibration
- prevent the device from sleeping
Why should you use the app?
Albert app is a multifaceted financial platform. It helps users save money, aggregates all accounts in one place for a complete view of their financial life while lowering the bills. It gives users financial help and develops a personalized financial plan. It even guides you in investing your money.
User Reviews:
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