What are the different types of Emma Pots?
What are the different types of Emma 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.
45 Day Notice Pots are types of Pots that allow you to earn higher interest by locking your funds for longer. When you put money in a 45 Day Notice Pot, it is sent to a trustee, who deposits it with a bank you choose, on your behalf. To withdraw your funds from this pot, the depositing bank needs a 45 day notice.
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.**
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: 18/09/2024
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