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 Main Menu > Sub Accounts section > 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. For example, if you choose $1 a day, we will deduct $7 a week from your checking account. You can auto-save up to $10 a day ($70 a week).
You can change your auto-saved amount at any time.
The Savings Account is available for Lili Pro users only and receives 1.5% APY (please refer to Lili's terms and conditions). Not a Pro user? You can upgrade to Pro easily by tapping here from your mobile device.