11 Mar 2021 • 2mins • Yolt

Understanding Yolt - The Round Up

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Using the Round Up feature

Ramp up your savings with the Round Up. Here’s everything you need to know…

What is the Round Up?

The Round Up is one of Yolt’s Jar Boosters, built to help you automate your savings, so you can reach your goals faster without having to do anything at all.

How does it work?

Toggle the Round Up on and off in the Savings tab. Once turned on, Yolt will round up every purchase you make on your Yolt Card to the nearest pound and stow the extra pennies in your Money Jar.

Let’s take an average day to see the saving potential the Round Up offers:
• Your daily £2.49 kickstarter coffee. That’ll land 51p in your Money Jar
• Full steam ahead, that £11.65 train fare stashed you an extra 45p
• A meal deal lunch for £3.99, don’t knock that extra penny!
• Happy hour? Why not. That £15.29 adds a whopping 71p to your pot

In just one day you’ve stowed an extra £1.68 in your Money Jar – without even having to do anything. Pretty nifty, right? Now you can choose whether to move that lump sum back to your Yolt Account or put it toward a Goal. It’s completely up to you.

Will the Round Up help me reach my saving goals?

The Round Up is designed to help you bolster your savings without you having to make any extra effort.

Of course, how fast you reach your savings goal will completely depend on how big that goal is and how much you’re able to save elsewhere. But the Round Up is a great way to give you that extra little boost – and you shouldn’t even notice the pennies disappear.

Looking for an extra challenge?

Become a super saver with the Yolt Money Jar Challenge. We’ll challenge you to save just £8 a week, giving you an extra £416 a year to stash or splash however you choose.