What is Zero Interest Savings?
Simply put, Zero Interest Savings means saving without earning interest. This means, if you have Zero Interest Savings turned on, you won’t earn interest on any funds you save on the Herconomy Platform.
Do I earn interest on Zero Interest Savings?
No, you do not. All your savings is interest free.
How do I turn on Zero Interest Savings?
Please go to the “Accounts” section, then select the toggle button located on Zero Interest Savings and confirm the selection.
How do I turn off Zero Interest Savings?
Please ensure you have Zero Interest Savings, then go to the “Accounts” section, then select the toggle button located on Zero Interest Savings and confirm the selection.
How do I claim interest on Zero Interest Savings?
You do not earn interest while on Zero Interest Savings. To start earning interest, please turn off Zero Interest Savings in the “Accounts” section.
Do I earn interest on Vault Float and Plans while on Zero Interest Savings?
You do not earn interest on Vault, Float or Plans while you have Zero Interest Savings turned on.