Douugh

Editor's Review

Tired of juggling your finances and missing out on investment opportunities? 🤔 Spot is here to revolutionize the way you manage your money and build wealth! 🚀 With Spot, you gain the flexibility to borrow as you need and invest in your future, all in one seamless app.

Spot Jar gives you the power to take control of your spending. Get access to up to a $500 limit* and repay in manageable 4x weekly installments. 🫙💸

But wait, there's more! 🎉 Spot offers Stockback™, a unique reward system that gives you a bonus 4% Stockback™ on your first $100 Spot when repaid on time. It’s cashback, but better! 🎁

Investing has never been easier. Invest in US Portfolios and Shares, connected to Autopilot. Empowering you to auto-invest directly from your connected bank account. 🏦📈

Portfolios: Investing can be simple. Start your investing journey and diversify across assets, industries and countries.🌎

• Invest to suit your risk profile
• Sustainable investment options
• Set and forget with auto-invest
• Managed by the experts, BlackRock

Our Simple, low fees:

• Diversified Portfolios: $2.99/28 days - with an active balance over US$50
• Shares - All you can trade: $4.99/28 days - for one or more Share trades. $0 if you don’t make a trade.

*FX on AUD to USD charged at 0.99% (0.69 margin rate equivalent). An instant funding fee of 0.5% applies with instant account funding.

Shares: With Spot, you can expand your investment strategy by buying US Stocks and ETFs. Invest in brands you know and love, with fractional shares starting from just US$1. 🍎

Auto-Invest with Autopilot: Spot's Autopilot feature makes investing effortless. Set it and forget it! 🤖

Academy: Level up your financial knowledge with Spot's Academy. Learn everything you need to know about investing. 📚💡

Your security is a top priority. Spot protects your investments up to US$500,000 under the Securities Investor Protection Corporation (SIPC) scheme. 🛡️ Your investments are held in your name and managed by BlackRock.

Features

• Borrow up to $500 with flexible repayment

• Earn Stockback™ rewards on your Spots

• Invest in US Stocks and ETFs easily

• Auto-invest with Autopilot for long-term growth

• Access financial education via the Academy

• Fractional Shares - invest from as little as US$1

• Sustainability focused - view companies' ESG scores

• Invest on the regular with auto-invest

Pros

• Effortless cash flow management

• Stockback rewards on Spots

• Easy access to US stock investments

• Expertly managed portfolios by BlackRock

• Auto-invest options for long-term wealth

Cons

• Fees for active balances in portfolios

• FX fees on AUD to USD transactions

• Investment involves risk of loss