Moka offers some great features that help you save more and reach your financial goals faster.
A great option to save faster with roundups is the multiplier feature. This feature allows you to multiply your roundups so you can double, triple, or even multiply your roundups by 8!
To access the multiplier:
Log in to your Moka application;
In the Overview section, select any of your goal(s);
When a new window opens, select the "⚙️" button in the top right corner;
Select Funding rules;
You can then choose to multiply your transactions by a number from 1 to 8.
But roundups aren't the only way to save! It's also possible to invest one-time boost amounts and recurring fixed weekly deposits to save more, faster. For example, the boost feature allows you to make a specific, one-time deposit to your investments.
To boost your account:
Log in to your Moka application;
In the Overview section, select any of your goal(s);
When a new window opens, select + Add funds;
Indicate the amount you wish to add to your goal.
Then, the recurring deposit feature allows you to contribute a fixed amount, to any goal, every week!
In order to activate the recurring deposit feature:
Log in to your Moka application;
In the Overview section, select any of your goal(s);
A new window will open, select the "⚙️" button (upper corner right);
Select Funding rules;
You'll then see the Recurring deposit option.
Keep in mind that boost amounts & recurring deposits will be transferred from your funding source at the same time as your roundups, every Monday!
On top of all this, there are ways to earn more towards your savings directly with Moka, like Perks and our referral program! Perks are valuable cashback deals and discounts that help you save when you spend with partnered brands. With our referral program, you can earn $10 for every friend that joins the app via your personal referral link.
