Deposits And Withdrawals

How long does it take for my money to be added to my savings account?

Here’s a little more information on what happens between your weekly savings being collected and your money being deposited into your savings account:

Step 1

Your ‘Saved this week’ total is collected every Wednesday at around midday. At this stage, you’ll be able to see this collection appear in the ‘Collections’ section when viewing your account  in the Accounts tab.

Step 2

This money leaves your bank account early the following week (usually on the Monday).

On Tuesday, your savings will move to ‘In progress’ and you’ll see your deposit added to your account value. We’re still waiting for full confirmation from your bank at this stage.

Step 3

Once the payment has been confirmed on Thursday, you’ll begin earning interest.

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It's important you know

All investing should be regarded as longer term. The value of your investments can go up and down, and you may get back less than you invest.

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