Want to have additional sources of money? You can't just let your money ‘sit idly’ in your savings account. Just like the body needs exercise to become healthier, the money you have also needs to be managed by being saved and invested rightly so it continues to grow. What can you do to make extra money if you have an account or savings at Bank Jago?
Earning Extra Money by Saving and Investing Rightly
By having a Jago account, you have various saving and investment options as Bank Jago is linked to the digital ecosystem in Indonesia.
1. Create some Saving Pockets according to your needs in the Jago application
After registering for a Jago account, the Pocket that will automatically appear in your Jago application is the Main Pocket. However, you can create various types of Pockets in the Jago application. One of them is the Saving Pocket.
You can create a Saving Pocket in the quantity needed to manage your finances even better. By saving money using the Saving Pocket, you will earn extra money because the interest in the Saving Pocket is higher than the Main Pocket.
2. Save money in a Locked Pocket in the Jago application
Another option for saving money in the Jago application is the Locked Pocket. You can save money in a Locked Pocket where the interest rate is higher than the Saving Pocket. However, the benefits you can get from the Locked Pockets go beyond the extra money in the form of interest.
The benefits of saving in a Locked Pocket include helping you be more disciplined in saving and protecting your savings, if you are easily tempted to use your savings for consumptive needs and impulsive buying.
3. Open a Jago Term Deposit via the application
For financial goals that will not be achieved in the future, you can save money in deposits. An easy and practical way to open a Jago Term Deposit is directly through the Jago application, without needing to go to a branch.
By putting money in a Jago Term Deposit, you can get competitive interest rates, which are higher than the Saving and Locked Pockets. Various Jago Term Deposit interest rates are available, depending on the principal funds saved and the period chosen. Find out complete details about Bank Jago Deposit interest rates on this page.
You can also choose to automatically renew your deposit for the next period. By renewing your deposit, you can enjoy the benefits of compound interest to get more extra money.
4. Invest in mutual funds with Jago and Bibit
Another way to get extra money that you can consider is investing in mutual funds. Now, you can conveniently invest in mutual funds with the Bank Jago ecosystem, namely Bibit.
Free top-up fees for purchasing Bibit mutual funds with Jago as a payment method, being able to save regularly in Bibit using Jago Autodebit and being able to monitor your investment portfolio in Bibit via the Jago application from anywhere and at any time are benefits that you can get after linking your Jago and Bibit accounts.
5. Invest in stocks with Jago and Stockbit
To make extra money, you can also try investing in stocks. Of course, you need to learn various things about stocks, especially if you are a new investor.
You can enjoy practical stock transactions or investments in the Bank Jago ecosystem with Stockbit. To get started, you can open a Jago customer fund (RDN) account via the Stockbit application. Opening Jago RDN is fast, in just a matter of hours, and can be done from anywhere and at any time.
After that, to start investing in stocks, top up your Jago RDN balance. How to? Directly from your Jago Pocket, easy and fast. The Jago RDN Pocket, the same as the Saving Pockets, Locked Pockets, Deposit Pockets and Bibit Pockets, will appear and can be seen in the Jago application.
