Having an Emergency Bucket allows you to set aside a fixed daily amount for an emergency fund.
To open an Emergency Bucket, go to your Main Menu > Sub Accounts section > Emergency Bucket. Through the setup process you’ll be able to choose the fixed amount you want to set aside everyday, but the transfer of funds into the account will be once a week. For example, if you choose $1 a day, we will deduct $7 a week from your checking account. You can auto-save up to $100 a day (or $700 a week).
You can change your auto-saved amount at any time.
Note: the money in your Emergency Bucket remains available to you at all times! You can always choose to withdraw it if you need it. The Emergency Bucket is available for Lili Basic users. This bucket does not receive interest.
As a Pro, Smart or Premium user, you can receive 2.0% APY for your Emergency Bucket. You can tap here from your mobile device to upgrade your Lili account to Lili Pro.
