You can lock your savings to earn up to 12% annual interest, but you can only withdraw when they mature.
To Create A Locked Fixed Deposit Pocket
1. Sign in to your Kuda app, then tap Save.
2. Tap Add Pocket.
3. Tap Fixed Deposit
4. Add an optional photo and give your Pocket a name.
5. Toggle on “Lock This Pocket”
6. Type in the amount you'd like to save immediately, then choose how long you'd like to save for
7. Review the Acknowledgement: " I hereby acknowledge that I cannot withdraw
from this pocket till it matures".
Please note;
If you tap Create, the amount will be locked.
You won’t be able to withdraw your savings until maturity, and we cannot break the savings on your behalf.
To opt out, select Back, then Restart to disable the Lock option. This will enable you to Create A Fixed Pocket
