Snoop launches personalised savings projection tool

Snoop has launched ‘Future You’, a personalised savings projection tool designed to help users visualise the long-term impact of their saving habits. Unlike generic calculators, the feature utilizes a customer’s existing Auto Saver rules and actual round-up activity to create tailored projections.

The tool allows users to test different saving amounts and immediately see how adjustments might affect their future balance. Users can also update their Auto Saver rules directly within the same interface to act on these insights. Snoop CEO John Natalizia stated that the feature aims to make the future feel ‘real enough to act today’ by demonstrating how small, seemingly insignificant changes can lead to meaningful financial differences over time.

The launch follows reports that approximately 14 million people in the UK have less than £100 in savings available for emergencies. Snoop notes that projections are illustrative and include the underlying assumptions, such as applied interest rates.