Circle App. A New Way To Send Money To Friends and Family – For Free

circle app

Do you have friends and family living abroad? Then the Circle app might be the answer for you.

Have you ever sent money to somebody but been charged for the privilege? Then you’ll know how frustrating it is. Fortunately, there is a new way forward thanks to a company called Circle.

The Circle app

Okay, so Circle isn’t only available just as an app. You can use it on your computer, but the real benefit here is that you can send money from your phone within seconds. Plus, you need to register your phone anyway for security purposes.

Is it legitimate?

Circle was set up in the States back in 2013. It finally reached the UK in 2016 and teamed up with Barclays. They are also regulated by the Financial Conduct Authority, just like the major banks.

Signing up

It’s a very simple process to sign-up. You need to provide an email address plus a mobile number for security. You don’t even need to provide bank account details. That said, it would be a slightly pointless system if you couldn’t withdraw or deposit money. To do this, you need to add either a payment card or a bank account.

The advantages to Circle

You can send money to friends and family for free. More than this though, if the money is exchanged into Dollars or Euros, it will still cost you nothing. Circle uses the “real” exchange rate when currencies are exchanged, which means they don’t charge extra fees.

Withdrawing and loading money to your account is a simple process. You can even send money to somebody using just their email address or mobile number.circle app

As you can see, the statement is easy to read and tells you when money goes in and out of your account. In case you’re wondering, Prolific is a survey site that I earn quite a decent amount from. If you cashout using Paypal, you are charged a fee. With Circle, you are sent the money without a charge.

Any downsides?

Not that I have found. When I first used Circle, it took several days for the money to reach your account when you withdrew because you were only able to link a payment card. However, in July, they allowed you to link straight to your bank account. This means that withdrawals will now reach your bank almost instantaneously.

If you would like to sign up, follow this special link, and you could earn a £5 bonus.

3 thoughts on “Circle App. A New Way To Send Money To Friends and Family – For Free”

    1. I know. People often say to me “don’t give up your day job”, but maybe I can!

  1. You’ve just reminded me that I’ve had this installed for months, but I’m yet to use it! It seems so convenient, so I need to give it a go

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