Plum Basic
Plum is a money management and investment app that uses AI and automation and connects to your bank account, calculates income and outgoings, and puts aside money for investing.
Plum has a tiered pricing model which offers four different plans – Basic, Pro, Ultra and Premium. Its Basic Portfolio is free to use and provides access to 3 types of deposit settings, an easy access interest pot or “pocket”, which can be used to save money or compare household bills. It also gives users access to stock investing and allows them to trade shares from 500 companies on the stock market.
Available products & wrappers
General investments | ISAs | Lifetime ISAs | Junior ISAs | Pensions & SIPPs | Junior pensions & SIPPs | Other |
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Table of charges
Platform charges | Product charges | Other charges | |
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Robo charge | Free | ||
Product charges | 0.48% | ||
Average underlying fund charge | 0.06%-0.90% |
Minimum investments
Lump-sum | Top-ups | Monthly |
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£1 | £1 | £1 |
Compare + Invest review of Plum Basic
Products & wrappers | Research & guidance | Charges | Overall rating |
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What is different about Plum Basic Portfolio?
Welcome to the artificial intelligence investment revolution! Plum connects with your bank account and by the magic of AI calculates how much you can put away to save every month, depending on your mood (are you feeling like a beast this month or a bit more timid?) Smart huh?
Plum Basic Portfolio review
We wish we could give it a straightforward review but the truth is that it has its upsides and its downsides. The website is clunky, which is bad, but It makes it easy for you to save, which is good. However, extras come with a charge. As ever, you get what you do or don’t pay for.