What can we help you with?

Search results for:en/articles/2943487-encouraging-saving-through-interest-rates

Encouraging saving through Interest Rates

To set an 'Interest Rate' on a Pot: Go to the Pot you want to add interest to on your child's dashboard… add the interest rate % to be awarded for the money your child keeps in their Pot Interest accrues… Read more Why hasn't interest been added to my Child's pot?

Encouraging saving through Interest Rates (Card Feature)

How can I set an interest rate on my child's Pot?… To set an 'Interest Rate' on a Pot: Go to the Pot you want to add interest to on your child's dashboard… add the interest rate % to be awarded for the money your child keeps in their Pot Interest accrues

How to add a new Pot to your child’s dashboard

saving through Interest Rates (PLUS/Card feature) Automatically split Allowance between different… Goal - If your child is saving up for something special you can use a Goal Pot to track how well they're… more: How to edit or make changes to a Pot How to switch off or hide pots that you aren't using Encouraging

How does NatWest Rooster Money work?

Interest Rates - Set an Interest rate to the Save pot to encourage long term saving… Save Pot - Teach your child the value of Saving by encouraging them to set money aside in their Save… Rooster Activity Graph - The Rooster graph within the Spend, Save and Give pots lets your child scroll through

Why hasn't interest been added to my Child's pot?

Interest is paid as long as the following conditions are met: Interest is paid on the first day of… so if the balance of the pot is still small and you have applied a low interest rate, the interest accrued… if your monthly interest is less than 1p (1 cent etc) then interest will not be added

Save explained and how to use it

Find out more about the Save pot and how to use it here!… Answer: Yes, you can enable interest on your child’s Save Pot via our PLUS subscription and set the interest… Everyone loves a savvy saver, but it's always a tough one when you have to prioritise between saving

View a summary of your child's earning and spending

have been approved and fulfilled Earnings from completed Extra jobs (PLUS/Card feature) Interest… can view: Funds boosted and removed within that pot Transfers between pots Auto-saving… amounts added Interest earned on the Save pot (PLUS/Card feature)

How to lock a pot so your child can't remove money

How can I lock my child's Save or Custom Pot? / How can I stop my child from removing money from their Save or Custom Pot?… If your child is saving up for something big you can help them to avoid dipping into their pots every

What are Custom Pots?

Goal - If your child is saving up for something special you can use a Goal Pot to track how well they're

How to complete and approve Custom Pots with the Goal Purpose

When a child on a virtual money (Tracker Account) completes saving for their goal, they will need to… This may be useful if the goal amount has increased and you want them to continue saving