Qapital: The Best App to Save Money for Travel

Saving money for travel is never easy. There always seems to be another expense that comes up, or an unexpected reason I have to dig into my savings account, no matter how much I convince myself to save.

But I recently discovered an app that has already helped me save over $200 since I started using it just a few weeks ago. It’s called Qapital, and it makes saving money automatic and, dare I say, pretty darn easy.

Disclaimer: This post is in no way sponsored by Qapital. I just enjoy this product, use it often, and wanted to share my experiences with it. I’m not being reimbursed in any way, and all opinions are my own.

Here’s how it works:

The first thing you do when you download Qapital is create an account. Your Qapital account is where the money you save with the app will accumulate. This is technically a checking account that is connected to Wells Fargo bank. It’s totally safe and FDIC insured, like any other bank account.

It then asks you to hook up your own checking account, which is where Qapital will pull from when it makes deposits to your account in the app. Again, this is totally safe. If you’d like to learn more about Qapital’s encryption and security for yourself, check it out here.

Now you can set up your first goal!

This is one of my favorite things about Qapital and what makes it so great for visual, goal-oriented people. Instead of just putting an arbitrary amount of money into your savings account just because you know you should be saving money, you name a goal you want to save towards and specify how much money you’ll need for it.

You can also set a cover photo, which is a fantastic visual reminder of exactly what you’re saving for! There’s also a little progress bar that appears on the photo that shows you how much closer you’re getting to your goal.

If you’d like, you can set more than one goal, and then your savings will be split equally between them.

Isn’t it cute?


Here is what my current goal looks like. I’m saving money towards a flight to Thailand. I’m estimating it’ll cost around $800, but my goal is $1,000 just in case.

Next, you set “rules” to save by.

This is how your saving gets automated. Here are just a few of the rules you can set:

Set & Forget Rule

Save a certain amount every day, week, or month

I use this rule, and have it set to save $2 per day. This is such an insignificant amount that I never notice it or miss it, but it adds up to an extra $60 a month that I would have spent otherwise.

All of my rules are set this way–amounts so small I don’t notice them missing from my account. This is why Qapital has been so successful for me. I’m saving without realizing it.

Round-Up Rule

Save the change (or more!) from every transaction

My favorite rule, and the one everyone should have enabled. It’s so easy! I round up all my transactions to the nearest dollar, and if you do the same I guarantee you won’t ever notice the 23 or 67 cents you’re saving. If you want, you can round up every transaction to more than the nearest dollar, up to $5 a transaction. Try setting it to round up $2 or $3 every time, and see if you miss that money.

Payday Rule

Save a set percentage of each paycheck

I have this rule set for 5% of each paycheck. Again, this is enough that it adds up quickly, but not enough that I really notice it missing.

One thing about this rule: It counts any deposit into your linked checking account as “income,” and pulls your set percentage from it. So if you make frequent deposits into your primary checking account, this may not be the rule for you.

Spend Less Rule

Save the difference when you spend less than a certain amount somewhere every week or month

This is an awesome rule for expenses that you budget for in advance, but don’t always spend your whole budget on. For example, I budget $100 for gas each month, but I’m often a few dollars under. Because I already expect to spend that $100, if I save that few dollar difference it doesn’t affect me at all.

Now watch those savings accumulate!

By saving such tiny amounts here and there, you can generate a pretty decent savings over time without having to actually think about saving. I started six weeks ago, and as you saw above I’m already 25% of the way to my goal. Not bad for passive savings!

More Qapital Tips

  • If you tend to run your checking account amont pretty low in between paychecks (guilty), fear not. Once your account hits $100, Qapital automatically pauses your savings, and doesn’t make anymorewithdrawals from your account until you get back above the $100 mark.
  • You can also pause & change your rules at any time, so if you’re a little strapped for cash
    you can easily stop Qapital from taking any more out of your account. On the flipside, if you want to save evenmore, you can easily adapt your rules to do that.
  • When it’s time to withdraw, you can easily transfer the money in your Qapital account back to your primary checking account. It’ll take 1-2 business days, so keep that in mind.
  • I recently found out that the app sends you fun notifications when you hit milestones towards your goal, like this 10% one. Just a cute little feature that makes it more fun.

As someone super goal-oriented, I find Qapital to be an awesome tool to save money. It’s addicting to log on and see how much more I’ve saved every day or every week. While it’s not going to save you a ton of money super quickly, it’s a fun and simple way to supplement your main savings account and work towards something specific.

Have you tried Qapital? Do you plan on giving it a try? Let me know in the comments, and feel free to send any questions you may have my way.

If you liked this post, please spread the word on social media! (And make my day.) Don’t forget to sign up for my email list & follow me on Instagram!

Leave a Reply

Your email address will not be published. Required fields are marked *