W1TTY review: A financial app designed for generation Z

Looking to get a better understanding of your finances? Find out how the W1TTY app might be able to help.

No reviews yet. Write a review
w1tty

W1TTY ceased operating in 2024. This page will be reviewed in due course.

New challenger W1TTY is a UK-based fintech company with international operations. Initially targeting students and other young people (generation Z). W1TTY now has an Electronic Money Institution (EMI) licence in the UK and EEA.

What is W1TTY?

W1TTY is a financial app that helps you manage your everyday spending, improve your financial knowledge and earn rewards at the same time. You can send money instantly to anyone using W1TTY, see and track your spending history and explore all of your app options via the dashboard. The app also has crypto capabilities.

How does it work?

W1TTY offers a choice of customised Visa debit cards and plans so that you can select the one that best suits you and only pay for what you need.

Full details of each plan have yet to be revealed, but we can tell you the following:

  • The Student + plan is designed for, you’ve guessed it, students. It offers giveaways, a range of benefits and extra money each month – W1TTY will pay eligible plan holders €2 a month.
  • The Every1 card gives you access to a free everyday account, with all of W1TTY’s features, cashback and spend and save options.
  • The Made to Measure card lets you personalise your account by choosing the features you need. You’ll also be able to enjoy more benefits such as unlimited cashback. This plan costs €3 a month.

You can earn 3% cashback every time you spend. The App allows you to make quick and easy transfers, and split bills with friends. There is also a program that actively rewards you when you use the app. You can complete different tasks and challenges each day to receive W1TTY points that you can exchange for prizes.

W1TTY also offers an Education Platform that aims to help you learn finance on the go through videos and podcasts. You can then compete with friends in quizzes to earn rewards.
On top of this, W1TTY will also be offering a scholarship program in Lithuania, Poland and Portugal.

Further plans are due to be announced later down the line, with even more features.

How can I sign up?

To sign up, you’ll need to download the W1TTY app. Then you will need to submit your details and ID onto the app. You can then select your card and top it up.

Is it safe?

Because W1TTY holds an EMI licence, your funds will be held in a segregated account that is protected by safeguarding requirements under the Electronic Money Regulations 2011. This means that should W1TTY become insolvent, your funds will be protected against claims made by creditors.

W1TTY is not currently a licensed UK bank, so your money will not be covered by the Financial Services Compensation Scheme (FSCS). However, W1TTY plans to be fully regulated with a banking licence in the future.

Pros and cons of W1TTY

Pros

  • Variety of different plans allow you to choose the one that best suits your needs
  • Some plans have no monthly fee
  • Opportunity to earn 3% cashback every time you spend
  • Innovative features such as student scholarships and financial education

Cons

  • Fees apply to some plans

Customer service information for W1TTY

Email support
Telephone support
In-app or live chat
Contact form
Branch support

Our verdict

Offering a range of different plans for different needs, W1TTY has the potential to be a great (and fun) way for students and young people to learn more about finance and to get better at managing their money. And with new features and plans on the horizon, it could be one to watch over the next couple of years.

Frequently asked questions

We show offers we can track - that's not every product on the market...yet. Unless we've said otherwise, products are in no particular order. The terms "best", "top", "cheap" (and variations of these) aren't ratings, though we always explain what's great about a product when we highlight it. This is subject to our terms of use. When you make major financial decisions, consider getting independent financial advice. Always consider your own circumstances when you compare products so you get what's right for you. Most of the data in Finder's comparison tables has the source: Moneyfacts Group PLC. In other cases, Finder has sourced data directly from providers.
Rachel Wait's headshot
Written by

Writer

Rachel Wait is a freelance journalist and has been writing about personal finance for more than a decade, covering everything from insurance to mortgages. She has written for a range of personal finance websites and national newspapers, including The Observer, The Mail on Sunday, The Sun and the Evening Standard. Rachel is a keen baker in her spare time. See full bio

More guides on Finder

  • Best money-saving apps in the UK 2025: Build a savings pot

    There are times when we could all do with a hand to save money, and we’ve assembled some of the best apps to help you do it.

  • Monument digital bank review

    New startup Monument is prepping a digital banking launch in the UK, targeting “mass affluent” customers. Here’s what we know so far.

  • Best banks & banking apps for mobile banking in the UK 2025

    Keen to manage all your money directly from your smartphone? We’ve put together a list of the best banking apps available in the UK.

  • Lekka review

    Here’s all you need to know about the digital banking service that is aiming to make banking accessible to all.

  • Snoop app review

    The Snoop app promises to help you spend your money in a smarter way and show you how take advantage of the best deals out there.

  • Tally Money review

    Tally is an innovative banking app that effectively uses gold as a currency. We’ve looked into how it works for you.

  • Suits Me card review

    Suits Me is a digital current account that comes with a slick app and a tempting cashback offer. Here we look into all its features and costs.

  • Barclaycard app review

    We’ve taken a look at the mybarclaycard mobile app, which is Barclaycard’s contribution to the emergent mobile banking app market.

  • Chip savings app review

    The Chip savings app will connect to your current account and stash money away automatically. We cover all you need to know about the innovative app in this review.

  • Atom bank review

    Is Atom bank the right challenger bank for you? We explore the app and the features of Atom’s Fixed Saver accounts.

Go to site