The best approach to treat savings is to treat it like any other recurring expense; something paid for regularly, and Spend 2 Save will do this for you. Whether your goal is to build up short-term or long-term savings, a Spend 2 Save account can make it easier to get started.
The Spend 2 Save service automatically allows you save between 1 to 5% of all expenses made from your GTBank Account.
With Spend 2 Save, you can start saving with just a few simple steps:
*Customer can discontinue the service via Internet Banking (Funds in the spend2 save account will be transferred to personal account of choice)
*To delete your Spend 2 Save account or withdraw saved funds, simply click the 'New Request' option on your Spend 2 Save page.
An e-account that allows customers save a percentage of every withdrawal made on their account.
The service is available to all Individual customers.
This service can be accessed via Internet Banking and Mobile Banking channels
All individual accounts can be nominated except GTMax account and its variants.
The savings amount will be debited from the nominated account(s) and credited into the Spend2Save account at the end of day.
Yes. Customers can nominate more than one account to be profiled on the Spend2Save account.
Funding on the account is automated. Cash payments and third party transfers are not be allowed into the Spend2Save account.
Yes, prevailing savings Interest rate will be applied on balances.
Customers who do not make withdrawals within a one (1) year period will earn an additional interest of 0.5% per annum at the end of the year.
Customer can discontinue the service or liquidate partially/fully on the spend2 save account via internet/Mobile banking and USSD options.