iPhone users can now check bank balance from Apple Wallet

New tool aims to make it easier for smartphone users to track bank balance and spending

Woman looking at smartphone
(Image credit: Getty Images/d3sign)

Users of iPhones are being offered an easier way to keep an eye on their bank account balance.

Many smartphone users will have banking apps on their phone that let you monitor your spending and send and receive money.

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Marc Shoffman
Contributing editor

Marc Shoffman is an award-winning freelance journalist specialising in business, personal finance and property. His work has appeared in print and online publications ranging from FT Business to The Times, Mail on Sunday and the i newspaper. He also co-presents the In For A Penny financial planning podcast.