The default Primary Pocket and Regular Pockets don’t earn interest. However, as a Premium Plum user, you have the option to create a 95 Days Notice Interest Pocket and enjoy attractive interest rates on your deposits. Please note that funds added to this pocket won’t be available for immediate withdrawal. Instead, you can request a withdrawal, and you will receive your funds at the end of the 95 day notice period. This delayed access allows us to offer you a higher interest rate.
You can create an 95 Days Notice Interest Pocket by following the following steps:
Open the App
Go into the Pockets tab
Scroll down to the Your Pockets section
Tap the Create button
Create the pocket of your choice
As of August 08, 2024 the interest rate for the 95 Days Notice Interest Pocket is currently at 5.20% AER.
Disclaimers: The interest rate is set by Investec and is applicable to change. In case a change is to happen, we will let you know beforehand. The 95 Days Notice Interest Pocket product is available only to Premium users.