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How does depositing into a savings account work?
How does depositing into a savings account work?
Alex avatar
Written by Alex
Updated over a week ago

As with all accounts we offer, payments into any of our cash savings accounts are made from your direct debit linked current account. Please note that it isn’t possible to set up a direct debit from a business, credit, or savings account, so you’ll need a current account linked in order to make payments.

You can add funds to your savings account via round ups, recurring weekly or monthly deposits, or one-off deposits. Any funds you add will be added to your upcoming colletion in the Home tab of the app.

Your upcoming collection total is collected at around midday on Wednesdays, and then debited from your linked bank account a few working days later.

You can subscribe up to £85,000 total into each account, which is also the maximum amount which can be deposited at once.

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