RidgewayHalden

HaldeniOS

Everyday banking, on your phone.

Round Up Savings

FeaturePlanned
Jul 13

Every challenger bank does this and it is the single most common thing our customers ask for in branch. Round each card payment to the nearest pound and move the difference into a savings pot.

1 Reply
Carmen RuizAug 7

Planned for the summer. Two things worth agreeing before we build rather than after.

Rounding up has to stop on its own if the current account would go below an amount the customer sets, otherwise you are charging overdraft interest to help somebody save, which is the sort of thing that ends up in a newspaper. And the pot needs to be withdrawable instantly and without penalty, or it is not really theirs.

Both are in the spec. Tell us if your product team wants either drawn differently.

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