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Term Deposit
How to open a Term Deposit
To open a Term Deposit in the Jago app, you can follow these steps:
1. On the Pockets page, tap on Create Pocket
2. Choose the Term Deposit
3. Set the amount you wish to save in your Term Deposit, then choose the term
4. Pick one of the maturity settings:
• Auto-withdrawal: Your Term Deposit principal and interest will be automatically transferred to your Main Pocket when matures
• Auto-renewal: You can choose to auto-renew your principal and interest OR principal only, with the same term as previous period
5. On the Confirmation page, tap Create Deposit, then input your PIN to create your Term Deposit
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About Jago Term Deposit
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Time to Manage Your Money
the Way You Want
Create up to 60 Jago Pockets (bank accounts) without monthly admin fees to start saving, transacting, and managing expenses.
Open a Term Deposit in minutes directly from the app and get competitive interest. Withdraw your Deposit early (if needed) without penalties. Plus, there is a free quota for inter-bank transfers and e-Wallet top-ups up to 150x according to Account Level.
Grab your smartphone, scan the QR code below to download and register Jago from anywhere and anytime.
