Interest Pocket
Updated over a week ago

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:

  1. Open the App

  2. Go into the Pockets tab

  3. Scroll down to the Pockets section

  4. Tap the Create button

  5. 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: 4.00% AER

  • Pro Subscription: 4.15% AER

  • Ultra Subscription: 4.15% AER

  • Premium Subscription: 4.70% AER

💡 The interest is added to the pocket on the first business day of each month.

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