You are here: Home - Household Bills - News -

Brits save more than £250 a year by using apps to shop

0
Written by: Emma Lunn
02/06/2021
One in three Brits are now using shopping apps to look for bargains and are saving more than £20 a month, according to research by Barclays.

A study by Barclays Digital Eagles found Brits who use retail apps are saving an average of £21.45 every month, or £257.40 a year, with one in five downloading more shopping apps since the start of the coronavirus pandemic.

More than a third (35%) say using apps helps them get things done more quickly – with food shopping taking an average of 53 minutes in person, compared to only 37 minutes online.

However, despite technology playing more of a part in most people’s day-to-day lives, some Brits are missing out on the potential benefits. In fact, almost half (48%) of people admit they don’t know how to use some of the apps on their devices and a quarter (25%) say they only regularly use a handful of the apps they have downloaded.

Ross Martin, head of learning at the Barclays Digital Eagles, said: “We know there are people who don’t feel as confident with technology and this means that they may be missing out on some of the potential benefits – such as cost or time savings. It’s all about personal choice, but our research showed that 44% of Brits would consider using their phone or computer more if someone showed them how to.

Despite concerns for some, lockdown has undoubtedly impacted the UK’s use of devices, with almost half (48%) of over 55s with a smartphone now having an online shopping app. More than a third of under 25s downloaded at least one gaming app during lockdown, while one in five now have at least three fitness apps on their phone.

The findings also show the pandemic has changed the amount of time spent on devices, with people spending an average of 42 minutes more on their phone or computer every day. More than a third of us download more apps each month than pre-lockdown – with social entertainment, TV, film and banking apps proving the most popular.

There are 0 Comment(s)

If you wish to comment without signing in, click your cursor in the top box and tick the 'Sign in as a guest' box at the bottom.

Your right to a refund if travel is affected by train strikes

There have been a wave of train strikes in the past six months, and for anyone travelling today Friday 3 Febru...

Could you save money with a social broadband tariff?

Two-thirds of low-income households are unaware they could be saving on broadband, according to Uswitch.

How to help others and donate to food banks this winter

This winter is expected to be the most challenging yet for the food bank network as soaring costs push more pe...

What will happen if rates change

How your finances will be impacted by a rise in interest rates.

Regular Savings Calculator

Small regular contributions can build up nicely over time.

Online Savings Calculator

Work out how your online savings can build over time.

DIY investors: 10 common mistakes to avoid

For those without the help and experience of an adviser, here are 10 common DIY investor mistakes to avoid.

Mortgage down-valuations: Tips to avoid pulling out of a house sale

Down-valuations are on the rise. So, what does it mean for home buyers, and what can you do?

Five tips for surviving a bear market mauling

The S&P 500 has slipped into bear market territory and for UK investors, the FTSE 250 is also on the edge. Her...

Money Tips of the Week