What is Emma Save and Emma Pots?
We’ve introduced Emma Save to help you save for the things that really matter to you.
Emma Save will enable you to create Pots - places where you can set money aside to help you reach your financial goals. You can create multiple savings Pots for anything you need or your heart desires, such as a holiday, something special or an emergency fund for a rainy day! 💵
What are the different types of Save Pots?
Easy Access Pots are types of Pots that allow you to easily earn interest on your money. When you put money in an Easy Access Pot, it is sent to a trustee, who deposits it with a bank you choose, on your behalf.
Instant Access Pots are a type of Pots that allow you to manage your money. You can create as many as you want. The money deposited in this type of Pots is safeguarded according to e-money regulations.
Do Emma Save Pots generate interest?
If you open an Easy Access Pot, you will earn interest on your money up to 1.76% AER.
An Instant Access Pot will not generate any interest, but you will get instant access to your savings!
I'm ready to get started!
Great! You will find everything you need to start saving with Emma below:
Create a Pot
Emma Available Balance
Add money to a Pot
Move money between Pots
Withdraw money from a Pot
Delete a Pot
View Pot history / activity
Please note, Emma Pots feature is available to UK based customers.
For our Emma Pots terms, please see here: https://emma-app.com/pots-terms
If you have any further questions, reach out to us here ✍️
Updated on: 24/03/2023