My Money Matters combines workplace financial education and coaching with products for saving, pay access and pension contributions. Eligible employees can use On-Demand Pay to access up to 50% of earned salary before payday, capped at £850 per month, for £1.95 per transaction. Auto Savings transfers a chosen amount from salary into a high-interest savings account each payday, with access to savings when needed. Active LGPS members can use Shared Cost AVCs to top up a pension through salary sacrifice, saving on tax and National Insurance. Financial support includes health checks, learning resources, live webinars, one-to-one coaching and Max, an AI assistant for money questions, resources and next steps. The service is built for public sector employers and is available to employees whose employer partners with My Money Matters, including partner LGPS members and NHS employees. The employer service has no joining or monthly fee. Apps are available for iOS and Android, and employees can also sign in through the web platform.
Who it is for
It is intended for public sector employers and their employees, including employees of partner employers, partner LGPS members and NHS employees. Active LGPS members may also use its Shared Cost AVC offering.
What is good
- Employer service has no joining or monthly fee.
- Employees can access one-to-one coaching.
- Auto Savings transfers a chosen amount each payday.
- Available on web, Android and iOS.
What to know first
- On-Demand Pay costs £1.95 per transaction.
- Access depends on an employer partnership.
- The service does not provide financial advice or personal recommendations.
Verdict
My Money Matters brings education, coaching and several workplace financial products into one service. Its availability depends on an employer partnership, and its information is general guidance rather than personal financial advice.
Get started with My Money Matters
- Visit the My Money Matters website and check whether the employer partners with the service.
- Ask the employer about onboarding and integration.
- Use the web platform to sign in, or access the service through the Android or iOS app.
- Review the employee communications and education materials provided for launch.
Limits to know first
Employer access has no joining or monthly fee. On-Demand Pay costs £1.95 per transaction and is limited to 50% of earned salary, up to £850 per month.
Questions about My Money Matters
Is My Money Matters free?
The employer service has no joining or monthly fee. Employees pay £1.95 for each On-Demand Pay transaction.
Who can use the service?
It is available to employees whose employer has partnered with My Money Matters, including partner LGPS members and NHS employees.
Which platforms are available?
My Money Matters is available on the web, Android and iOS. Its FAQ directs employees to sign in through the web platform.
Which payroll integrations are available?
The maker lists IRIS Cascade, IRIS Staffology, Shape/Ciphr and SAP as current integrations. Workday, Oracle and ADP are in progress.
Does My Money Matters provide financial advice?
No. The maker says it provides general guidance, not financial advice or personal recommendations.
What does On-Demand Pay cost?
Each transaction costs £1.95. Eligible employees can access up to 50% of earned salary, capped at £850 per month.
My Money Matters plans and pricing
All plansCompared on employee financial wellness software
- Free plan
- Yes
- Education content
- Yes
- Financial planning
- Yes
- Coaching access
- one_to_one
- Financial health tools
- Yes
- HRIS integrations
- Yes
- Available platforms
- both
