Having a Savings Account allows you to set aside a fixed daily amount for your savings account.
To open a Savings Account, go to your ‘Life’ tab, and tap on Open a Savings Account. 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. You can change your selection at any time.
Note: due to regulations, there is a monthly limit of six withdrawals from your Savings Account ! The Savings Account is available for Lili Pro users and receives 1% APY (please refer to Lili's terms and conditions).