Having multiple savings accounts is good. But if you have savings accounts everywhere, it can give you a headache. A headache that comes from paying a lot of admin fees. Right?
If you want to transfer to savings account A, because it’s a different bank, you will be subject to a transfer fee. Then you also need to transfer to savings accounts B, C, D and E. Not to mention the monthly admin fees. If you have 5 accounts, this means you will be charged 5x monthly admin fees. So that you don't have to worry about admin fees anymore, take a look at what Nani does.
How Nani Can Have Multiple Savings Accounts Without Having a Headache
Nani has multiple savings accounts. Even though she has a lot of them, Nani never has to think about the admin fees. How come?
Because Nani takes advantage of the Jago Pocket. Nani's saving needs are many, from buying a house to having a retirement fund. In total, Nani has 10 savings accounts so far. However, Nani is not worried at all about having to pay for admin fees.
With Jago, Nani can easily and practically separate every need. The trick is simply to create Saving Pockets. If you want to have more savings accounts than Nani, you can, because you can create up to 20 Saving Pockets.
In addition, what also makes it cool is there are no monthly admin fees to pay when having a Jago account. Transferring money between Pockets, although the Pocket numbers (account numbers) are different, is also free of charge. Nani is even happier because each Saving Pocket gives a competitive interest.* Nani is always very excited to save money in the Saving Pockets.
Because every savings is in the Jago application, it's easy for Nani to monitor the progress of saving at any time. Which financial goals will be achieved soon? Nani can tell in an instant.
Moreover, Nani can stay on track in saving because she can set a target in every Saving Pocket that has been created. To be hassle-free, Nani also activates the Autosave feature. In this way, her Saving Pockets can receive money without Nani making manual transfers.
It's time to be able to have multiple savings accounts without having to worry about admin fees. The Jago application can be downloaded here for those who don't have it yet.
*Interest rate can change at any time in accordance with BI interest rates & LPS policy
