All Collections
What are savings Buckets?
What are savings Buckets?
Written by Jeff Johnson
Updated over a week ago

Savings buckets allow you to segment your Yotta Savings account into separate "buckets", so you to to easily track your savings to meet different goals. Whether it's a vacation, education, bills, or even just for an emergency, savings buckets allow you to organize your savings goals without the need for multiple accounts.

Can I set up recurring deposits into a savings Bucket?

Absolutely. Recurring deposits are a great way to build your savings and get more chances to win. To set or cancel a recurring deposit into a savings Bucket follow these steps:

  1. Tap the Account tab on the bottom.

  2. Tap the gear icon on the top right.

  3. Scroll down and select "Transfers".

  4. Select "Recurring Transfers".

  5. Select from your existing Recurring Transfers or tap "New" to start a new recurring deposit.

  6. Choose which Bucket you would like the Recurring Transfer to deposit into—either your Unassigned Bucket or a specific bucket.

  7. Choose an amount and a cadence for how often you want the automatic deposit to happen (for example, every week, every two weeks, or every month).

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

  • You can create up to 30 savings Buckets.

  • There are no limits on the number of recurring deposits you can set up to deposit directly 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.

Did this answer your question?