# PennyProfit

> Digital savings jars for budgeting, goals, and peer-to-peer money transfers. (iPhone/iPad app by Penny Profit, LLC.)

- Source: https://appshunter.io/ios/app/pennyprofit/id1641343370 (this page in markdown: same URL + `.md`)
- Developer: [Penny Profit, LLC](https://appshunter.io/developer/1641343372)
- Category: Finance
- Price: Free
- Rating: 5.00/5 from 3 App Store ratings · 2 written reviews indexed
- Age rating: 4+
- Requires: iOS 12.4 · 95 MB
- Languages: English
- Released: 2023-06-03
- Data updated: 2026-06-11
- Monetization: free
- User reviews in markdown: https://appshunter.io/ios/app/pennyprofit/id1641343370/reviews.md

## What is PennyProfit?

PennyProfit gives you complete control over your money. Round-up savings? Check! Lump-sum savings? Check! Budgeting? Check! Splitting your money to go to different places at once? Check! Sending or receiving money? Check! Saving with friends, family, or even strangers? Check! This is the one app to give you true freedom with your money.
Not only is PennyProfit the world's first and only app that can move money in multiple directions at the same time, but it's also the first and only app to truly give you complete control over your money! How's that for impressive?
Gone are the good ol' days when we could save some of our spare change in jars at home. Modern times have brought us simplicity and convenience with digital money, but unfortunately we no longer have a way to save our spare change. PennyProfit solves this problem by allowing users to enjoy the modern convenience of digital money while still providing a simple way to save!
Simply create a digital Jar for anything — a vacation, holiday gifts, or even date night — and begin saving your digital money! You can even split any round-ups from digital purchases to automatically go into multiple Jars at once! Let's say you round-up $1 from your most recent gas purchase…you can automatically have $0.50 go to your Vacation Jar, $0.25 go to your Holiday Gifts Jar, and $0.25 go to your Date Night Jar instantly. You don't even have to lift a finger!
Want to grow your Jars even faster? Invite friends or family to contribute their spare change as well. You can even create Public Jars where people from all over the world can contribute their spare change to help your Jars grow to incredible heights! Remember, a little bit truly can go a long way — especially from hundreds or even thousands of people!
Want to help a friend in need? PennyProfit gives you multiple options on how to contribute to somebody else's Jar. Contribute $10 directly from your bank account; pull that $10 from your Wallet or any Jars you own that have money in them; you can even automatically contribute a part of your spare change each day until it equals $10! No matter how you choose to help somebody, PennyProfit makes contributing easier than ever.
Jars can be created for anything! Separate part of your paycheck into different Jars for rent/groceries/utilities/etc. to help you budget; create a "friend's night out" Jar where each friend contributes a little bit at a time to help pay for different activities; give wedding guests the option to contribute to your Jar for your honeymoon in lump-sum form or by using their spare change; store money safely and securely into a Jar for office pools; make splitting the dinner check easier with a dinner Jar; the possibilities are endless!
Did we mention that you can also move money however you'd like? Transfer money directly from your bank account to your PennyProfit Wallet or any Jar, or even move money from Jar to Jar! Sending money to your bank account is just as easy with the click of a button! Oh, and don't forget that you can directly send and receive money with other individuals as well. When sending money, you have the option to send from you bank account, your Wallet or any of your Jars! Talk about flexibility!
With simple and transparent plans that are only $3 or $5 per month, everybody can find a plan that works for them. Imagine, all the freedom you could ever use or want with your money for less than one cup of coffee per month. Want to use your spare change to cover your plan cost? There's an option for that, too! Oh, and the best part is that everybody can try PennyProfit for free to make sure it suits their needs for an entire month! What more could you ask for?
Try PennyProfit for free today and begin taking control of your money!

## Key features

- Round-up savings
- Lump-sum savings
- Budgeting tools
- Split funds across multiple goals
- Send and receive money
- Collaborative savings jars

## Recent user reviews (2 of 2)

All indexed reviews: https://appshunter.io/ios/app/pennyprofit/id1641343370/reviews.md

### 5/5 — Spend money to save money? It actually works!

*2023-06-27, version 1.0*

I use this app to save money for rainy days and I love that instead of saving money I don’t have I just have to spend money to save it! Saving money has literally never been easier!

### 5/5 — Best money saving app around!

*2023-06-13, version 1.0*

In just a few short months I’ve saved over $2,000.  Never have I had such success not spending my money. This is helping me save for all my individual goals and even a “just in case of emergencies.” Thank you penny profit for making saving my $$ possible!

## Frequently asked questions about PennyProfit

### What is PennyProfit?

PennyProfit is a finance app designed to give users complete control over their money. It offers features like round-up savings, lump-sum savings, budgeting, and the ability to split money into multiple 'Jars' simultaneously.

### How does PennyProfit handle security?

While specific security measures are not detailed in the description, the app is designed for managing digital money and financial transactions, implying a focus on secure data handling for user funds.

### Can I use PennyProfit to split bills with friends?

Yes, PennyProfit allows you to create 'Jars' for specific purposes, such as splitting dinner checks or contributing to group activities. You can also send and receive money easily, making it convenient for shared expenses.

### What devices does PennyProfit support?

PennyProfit is available on iPhone and iPod devices, as indicated by the supported devices list.

### How often is PennyProfit updated?

The app was last updated on March 6, 2025, with version 1.4. This suggests a relatively active development cycle for new features and improvements.

### What is the age rating for PennyProfit?

PennyProfit has an age rating of 4+, making it suitable for a wide range of users, including younger individuals learning about financial management.

### Does PennyProfit have ads?

No, PennyProfit is ad-free, allowing users to manage their finances without interruptions from advertisements.

### What are the main benefits of using PennyProfit's 'Jars'?

Jars allow you to digitally save for specific goals like vacations or holidays. You can automatically split round-ups from purchases into multiple Jars or invite others to contribute, making saving more dynamic and collaborative.

## Version history (last 5 releases)

### 1.4 — 2025-03-06

Bug fixes and improvements

### 1.3 — 2024-12-04

Bug fixes and improvements.

### 1.2 — 2024-11-21

Bug fixes & improvements

### 1.1 — 2023-07-04

Fixed Login Validation issue

### 1.0 — 2023-06-03

No release notes.

## Apps similar to PennyProfit

| App | Rating | Price | Category |
| --- | --- | --- | --- |
| [Expense Tracker: Penmo](https://appshunter.io/ios/app/expense-tracker-penmo/id6748665643) | 5.0 (3) | Free | Finance |
| [OneCard iProve](https://appshunter.io/ios/app/onecard-iprove/id695728182) | 5.0 (2) | Free | Finance |
| [BeanWise - Beancount](https://appshunter.io/ios/app/beanwise-beancount/id6446314789) | 4.1 (9) | $4.99 | Finance |
| [Budgetly - Expense Tracker](https://appshunter.io/ios/app/budgetly-expense-tracker/id6702018660) | — | Free | Finance |
| [The Skip-It Savings](https://appshunter.io/ios/app/the-skip-it-savings/id6751903740) | — | Free | Finance |
| [Budget Compass](https://appshunter.io/ios/app/budget-compass/id6467123727) | — | Free | Finance |

---

*Data collected daily from the US App Store and indexed by [AppsHunter](https://appshunter.io/). User reviews are verbatim App Store reviews. Ratings, prices and chart positions refresh continuously; this snapshot is from 2026-06-11.*
