Yolt is closing: how to transfer your money to the best alternative

Budgeting app Yolt is closing down on Saturday December 4th 2021, with all accounts, profiles and prepaid cards automatically stopping on this date.

If you have a Yolt account, you’ll need to withdraw any funds ahead of the deadline, or you won't be able to directly access your cash (after this date, you'll have to contact the Yolt helpline to get it back).

We’ve got step-by-step instructions on how to withdraw your cash from Yolt below... plus a great suggestion if you’re looking for an alternative app you can use to help you budget, save money, and invest simply.

How to withdraw your money from Yolt

To transfer your funds from the Yolt app 📲

• Log into the Yolt app
• Tap ‘Transfer’ from the Wallet tab
• Select the account to which you want to transfer your funds

Yolt says you can also withdraw any money in your account from your nearest ATM cashpoint 💷

The best alternative budgeting app to Yolt

Once you’ve withdrawn your money, your top priority will probably be to find an alternative budgeting app you can use in place of Yolt.

Plum is a financial super-app that can help you budget and manage your money to save more cash over time.

And if you decide you’d like to try and grow your money for the future, Plum offers a simple choice of investments to help you get started.

As with all investing, your capital is at risk.

To learn more about Plum you can check out our website.

For all the latest Plum news and discussion, head to our Plummunity Forum, or follow us on Instagram and Twitter.