One in five people in the UK have less than £100 in savings and many do not feel they earn enough to set aside a meaningful amount to aid in their financial wellness.
☔️ To solve this issue, Build pots help users to set achievable, personalised goals to regularly contribute directly from their salary. The idea is designed to be a rainy-day fund for people to build a small financial buffer to cover unexpected expenses.
📆 If you’ve decided to open a Build pot, you can set your goal against a time frame or desired amount. Then your chosen monthly amount (no more than £100 per month) will be automatically set aside from each upcoming salary and sent to your Build pot until you have reached your goal.
📈 You will then be able to track or transfer your funds directly to your bank account at any time you need!
💷 There is no fee to access your money and you can pause, increase or decrease the amount at any time.