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How do recurring deposits work?
How do recurring deposits work?
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Written by Jeff Johnson
Updated over a week ago

Recurring deposits are a great way to build your savings and get more chances to redeem prizes. You can also set up recurring deposits directly into your Buckets. To set a new recurring deposit, follow these steps:

  1. Tap the Account tab on the bottom.

  2. Tap the gear icon on the top right corner.

  3. Scroll down and select "Transfers".

  4. Tap "Recurring Transfers".

  5. Select the recurring deposit you wish to update or tap "New" to create a new transfer.

  6. Edit your settings, and then tap "Update Recurring Transfer"

To pause or cancel a recurring transfer, follow these steps:

  1. Tap the Account tab on the bottom.

  2. Tap the gear icon on the top right corner.

  3. Scroll down and select "Transfers".

  4. Tap "Recurring Transfers".

  5. Select the recurring deposit you wish to pause or cancel.

  6. Tap the three-dot icon at the top-right of the screen.

  7. Tap "Pause Recurring Transfer" or "Cancel Recurring Transfer".

  8. In the popup window, tap "Yes, I'm sure" to confirm.

The very first deposit will happen the same day you set recurring deposits.

Are there limits on how many recurring deposits I can set up?

  • Nope. There are no limits on the number of recurring deposits you can set up into Buckets.

Can I set up recurring deposits between Buckets?

  • You can. You can choose to set up recurring deposits between your connected bank account and a Bucket, or between any two Buckets you've created.

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