In January, I wrote a post about Digit. A useful service to help you start out your rainy day fund – whatever you use it for.
Unfortunately, I just received this email. Digit is now going to start charging a monthly fee of $2.99. I do not think the returns you will get from their service will cover the fee however, unless you have a lot in there. I use the service to siphon off a bearable amount of money from my checking account to then turn around and invest. I think however, that time has now passed for me.
However, 1% is a lot better than most savings accounts out there presently. So, you need to make your own choices.
Are you still going to use the service? If so – tell us all why in the comments below!