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Create A Flexible Savings Plan

Written by Anietie

Here's everything you need to know before you create a Flexible Savings plan:

  • Save daily, weekly or monthly toward a goal and earn annual interest.

  • We will debit your Spend account and credit your Flexible Savings plan immediately you create the plan.

  • We will credit your Spend account immediately you confirm withdrawal from your Flexible Savings plan.

  • In line with government regulations, we will subtract 10% of your accrued interest as withholding tax before payout on your plan's maturity date.

To create a Flexible Savings plan:

  1. Tap the Savings button under Products on your Kuda dashboard.

  2. Tap Frequently and Create Pocket.

  3. Enter a Pocket Name. You can also link your savings to a product

  4. Tap Next

  5. Tell us more about the Pocket you want to create. We'll show you the interest you'll earn.

  6. Tap Next to see a summary of your Flexible Pocket.

  7. Tap Restart to start again and Tap Create to proceed


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