Saving is very important not only for the future, but also for you to be prepared to deal with various situations, including emergency situations. There are many places for you to save money. However, not all of them have as many benefits as the Locked Pocket. Read on to find out.
Jago’s Locked Pocket and Its Many Benefits
If you have downloaded the Jago application and created a Jago account, you will immediately see a feature called Pocket in the application. All your money is saved in the Pocket. To separate money for various needs, you can make a lot of Pockets. It’s easy and super practical. In the Jago application, Everything Has Its Own Pocket.
For saving needs, you can create a Locked Pocket. As the name suggests, the Locked Pocket will lock your money for a certain period. Apart from being a place to save money, the Locked Pocket offers many benefits. What are they?
1. The Locked Pocket helps you get used to being disciplined in saving money
To be good at something requires discipline or consistency. The Locked Pocket can help you train yourself to be disciplined in saving money from a young age or whenever you start having a Jago account. The more money you save, the more secure your future will be.
2. The Locked Pocket protects you from splurging
The Locked Pocket is a safe place to save money because it can protect you from splurging. Once you choose to lock a Pocket, the Locked Pocket will be unlocked on the date you specified. Splurging will reduce. You won’t give in that easily to the temptation to use money because of temporary emotions or urges.
3. The Locked Pocket helps you in an emergency
The locking period of the Locked Pocket is flexible, from as short as 14 days. So, if at any time you need funds for an emergency, you can use the savings in the Locked Pocket. If you lose your job, the Locked Pocket can help pay your daily meals and monthly bills. If you or a family member gets sick, the Locked Pocket can help with medical expenses.
4. The Locked Pocket frees you from guilt when you want to have fun
Having fun or pampering yourself is different from being extravagant. Having fun is good for personal well-being. If you have set aside money to save in a Locked Pocket, you will not feel guilty about using money to have fun. Both saving money and having fun can happen at the same time.
5. The Locked Pocket protects you from unnecessary stress
Life is beautiful when it is far from stress. The causes of stress are varied. But, if one of the causes can be eliminated, why not? If you are disciplined in saving money, you will no longer feel stress that is caused by not having money.
6. The Locked Pocket gives you a commensurate reward
Saving is not something that is easy to do. Therefore, the Locked Pocket will give you a commensurate reward if you are disciplined in saving money, competitive interest!
Can Save Money Automatically in Bank Jago's Locked Pocket
Did you know that you can avoid the hassle of moving money to the Locked Pocket to experience all the benefits above? At the time and with the amount of money you yourself set, your savings in the Locked Pocket can increase automatically. Simply use the Auto-Budgeting feature available in the Locked Pocket.
Want something more? You can set a savings target in your Locked Pocket and see your savings progress until your dreams come true on time!
What Else Makes Jago’s Locked Pocket Special?
1. Flexible locking durations
Unlike conventional time-deposit products that often impose rigid and long locking periods, the Jago Locked Pocket offers total freedom. You can lock your funds for as short as 14 days. This is the perfect solution for those who want competitive interest rates while ensuring their funds remain accessible in the near future for urgent needs, as explained above.
2. 100% control over your Pockets—no branch visit required
One of the key advantages that simplifies your life is ease of access. Every single process for your Locked Pockets—from creating a new Pocket and topping up your balance to unlocking it if needed—can be done by yourself directly within the Jago application.
Even if a truly urgent need arises before the locking period ends, you still have full control to manage it through the application. There’s no need to hassle with finding a bank branch or waiting in long queues.
3. Full personalization: Saving that is personal, purposeful, and meaningful
Saving in a Locked Pocket doesn’t mean your money is just "stashed and forgotten." You have total control to digitally personalize your experience, making saving a lot more fun.
You can give each Locked Pocket a specific name (for example: "Dream House Down Payment" or "Wedding Fund") and set the exact target amount you want to achieve. On top of that, you’re free to rename your Pockets or even upload a custom photo for each one to keep your end goals front and center. Being able to manage all of this yourself makes your financial plans feel much more real and organized.
What are you waiting for? Enjoy the benefits of the Locked Pocket right away.
