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Frequency of Deposits
Updated over 9 months ago

Most of our depositors operate on a weekly schedule. This means that when you activate any of these depositors, automated deposits are set to occur every week. Plum gathers all your rules (except for Pay Days) and creates a single deposit, called Combo Deposit. However, as mentioned, there are exceptions such as the Pay Days rule, which can be customized to deposit funds on a different frequency to suit your preferences.

For a better understanding, feel free to review all of the rules by pressing the button below. This will help you select the rules that best suit your savings goals.

⚠️ Please note that to ensure the smooth execution of rules every week, it's necessary to have an active Direct Debit mandate.

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