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Encouraging saving through Interest Rates
Encouraging saving through Interest Rates
Updated over a week ago

The option to set an Interest rate on your child’s Pots is a feature included in our Rooster Card subscription.

To set an 'Interest Rate' on a Pot:

  • Go to the Pot you want to add interest to on your child's dashboard

  • Tap on the edit icon in the top right corner

  • Tap ‘Interest Rate’

  • From there you can add the interest rate % to be awarded for the money your child keeps in their Pot

Interest accrues over time with each deposit your child puts into their account, and gets rewarded on the first of each month.

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