We are introducing spending pots for the 212 card! ⭐ Once enabled, you will be able to organise your funds into a main pot and a spending one to better fit your needs.
What is the difference between the two pots?
- Main pot: A place for the cash you want to invest and save.
- Spending pot: A place for the cash you want to spend with your 212 card.
How does the feature work?
To use the 212 card, you will be able to move funds to your spending pot from the main one and spend directly from that balance.
📄 Note
Only the cash in the spending pot will be available for 212 card transactions.
How will I be able to move funds between pots?
You can do so by following these steps 👇
- Go to your Card tab
- Select the Pot view
- Select your desired pot and click Move cash
- Select the sum and confirm
📄 Note
You cannot deposit or withdraw funds directly from your spending pot. You can only move funds from your main pot to your spending pot.
Will this affect the interest paid out on cash?
No, the feature will have no effect. The interest payments will be credited to your main pot.
Do I need to enable the feature?
Once it is rolled out, there will be a 3-month period in which you can keep using the old combined funds balance. After that grace period, the feature will be automatically enabled.