digital bank in singapore, trust bankhas launched a new feature called Savings Pots designed to help customers save more effectively and easily.
This tool allows users to create personalized savings pots for specific goals, such as an emergency fund, travel, or a dream home.
Trust Bank reports that the new Savings Pots feature has seen significant adoption, with over 75,000 pots created since launch.
Savings Pots offers flexibility and convenience, allowing users to set savings goals and automate regular refills through enhanced AutoPay functionality.
This feature has no minimum deposit requirements or lock-in period, and allows instant withdrawal without penalty if you unexpectedly need cash.
The bank includes a digital mascot representing a local animal that visually evolves as customers increase their savings.
This gamified element aims to make the saving process more engaging.
Funds in your Savings Pot earn the same interest rate as your Trust Savings Account and help you qualify for Trust+ privileges.
said Aditya Gupta, Chief Product Officer.
“We are committed to providing the products and services our customers need for their financial well-being. Saving money is a top priority for many people, but building healthy savings habits is It can be complicated and tedious.
Developed in a unique and innovative way using direct customer feedback, Trust Savings Pots offers customers an easy, automated, rewarding and fun way to grow their savings while better managing their money. Provide. ”