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article/33-adding-interest-rates-to-the-save-pot-with-plus
Removing money from
Save
back
to
Spend
How
to
do I move money from
the
Save
Pot
to
the
Spend
Pot
?… You can use
the
' Transfer' function found by tapping
the
quick actions icon
to
move money from
Save
… Spend
to
Save
)
Why hasn't
interest
been added
to
my Child's
pot
?
each month based on
the
balance at midnight - if you moved money into
the
pot
on
the
1st of
the
month… not monthly so if
the
balance of
the
pot
is still small and you have applied a low
interest
rate,
the
…
Interest
is only paid on whole number this means that we can't add a fractional value
to
the
balance,
Encouraging saving through
Interest
Rates
To
set an '
Interest
Rate' on a
Pot
: Go
to
the
Pot
you want
to
add
interest
to
on your child's dashboard… add
the
interest
rate %
to
be awarded for
the
money your child keeps in their
Pot
Interest
accrues… Read more Why hasn't
interest
been added
to
my Child's
pot
?
Encouraging saving through
Interest
Rates
(Card Feature)
How can I set an
interest
rate on my child's
Pot
?…
To
set an '
Interest
Rate' on a
Pot
: Go
to
the
Pot
you want
to
add
interest
to
on your child's dashboard… add
the
interest
rate %
to
be awarded for
the
money your child keeps in their
Pot
Interest
accrues
Save
explained and how
to
use it
Find out more about
the
Save
pot
and how
to
use it here!… Just tap
the
plus
(+) button next
to
your child, and switch
the
pot
to
Give when you're on
the
Boost… Answer: Yes, you can enable
interest
on your child’s
Save
Pot
via our
PLUS
subscription and set
the
interest
How
to
use
the
Reward
Pot
You’ll also have
the
option
to
restart
the
pot
if you want your child
to
save
towards this reward again… set a reward for them
to
earn when they fill their
pot
with
the
target stickers… stickers for Type in
the
reward they will earn You can customise
the
pot
by
adding
a picture
How
to
lock a
pot
so your child can't remove money
How can I lock my child's
Save
or Custom
Pot
? / How can I stop my child from removing money from their
Save
or Custom
Pot
?… Tap on your child's name on
the
family dashboard Tap on
the
Save
pot
or your custom
pot
Tap…
the
pen and paper in
the
top right corner Toggle on/off
the
setting 'Allow [Child's name]
to
remove
View a summary of your child's earning and spending
Find out how
to
view your child's statements and transaction history here… If you'd like
to
review
the
transactions for a specific
pot
(Spend,
Save
or Give), you can do this by…
the
Save
pot
(
PLUS
/Card feature)
How
to
add a new
Pot
to
your child’s dashboard
You can pick
the
type of sticker and how many they need
to
get for their reward
To
add an extra
pot
… Your child's account will already come
with
their
Save
& Give
Pot
… aren't using Encouraging saving through
Interest
Rates
(
PLUS
/Card feature) Automatically split Allowance
What is
the
'Give'
pot
?
Find out more about
the
Give
pot
and how
to
use it here!…
the
Give
pot
: From
the
Parent Dashboard, tap
the
'+' next
to
your Child's Account Overview… Scroll along until you've selected
the
Give
pot
Enter
the
amount you want
to
boost over and