With a Fixed Pocket on your Kuda app, you can easily save a set amount for one year or more and earn substantial annual interest. All users get 10% to 12%, while premium users can earn 12% to 14%.
Here's how to set up a Fixed Pocket:
1. Sign in to your Kuda app and tap the Savings button under Products on your Kuda dashboard.
2. Tap Fixed Deposit.
3. Tap Create Pocket.
4. Add an optional photo and give your Pocket a name.
5. Type in the amount you'd like to save immediately, then choose how long you'd like to save for.
6. Tap Next and Create.
You can lock your savings to earn higher interest, but you can only withdraw when they mature.