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Pockets
Your Pocket Purpose
You can set your Pocket into two different purposes; for Saving or Spending. This purpose is interchangeable anytime by you from the Jago app.
Spending Pocket
You can set your Pockets to Spending if you have the intention to use the money stored inside the Pocket. Spending Pocket benefits are as follows:
- Get a lower interest rate of 0.5% p.a. every month.
- Share this Pocket to collaborate with other Jago users.
Savings Pocket
Pockets set to Savings will disable any payment from it. In return, you will have a bigger interest and is suitable for you who want to separate your money from daily uses. Savings Pocket benefits are as follows:
- Get an interest rate of 3.75% p.a. every month.
- Share this Pocket with other Jago users so you can collaborate to save.
- Set an individual target for you alone or a joint target in Shared Pocket and collaborate with other invited users to reach it.
- Use autosave to save automatically with rules that you can set to your liking.
Business Pocket
You can use Business Pockets to manage your business finance by separating your business and personal monies.
Here are the benefits of using a Business Pocket in Jago:
- Create up to 20 Business Pockets
- Enjoy higher interest rates if your Business Pocket is linked to selected partners
- Set an Income Target to monitor your business income easily
- Create a debit card and link it to your Pocket for cash withdrawals or offline transactions
Tip: Link your Business Pocket to a Debit Card and set an Income Target to monitor your business income easily.
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About Pocket
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