The default Primary Pocket and Regular Pockets do not earn interest. However, you have the option to create an additional Easy Access Interest Pocket, whether you're on Plum Basic or one of our paid subscription plans, and benefit from attractive interest rates on your deposits.
You can create an Easy Access Interest Pocket by following the following steps:
Open the App
Go into the Pockets tab
Scroll down to the Pockets section
Tap the Create button
Create the pocket of your choice
The interest rate of your pocket depends on the subscription plan you are enrolled in when you create the pocket. Here are the different rates for interest pockets depending on our subscription plans:
Basic Subscription: 3.74% AER
Pro Subscription: 3.89% AER
Ultra Subscription: 3.89% AER
Premium Subscription: 4.38% AER
💡 The interest is added to the pocket on the first business day of each month.