Saving money can be hard… that’s why we have broken it down and created: ‘micro-savings’, a fantastic way for your children to save money whenever they spend!
Every time your children spend with their nimbl card an amount chosen by them will be transferred automatically into their savings account.
micro-savings can be turned off at any time.
Ask your child to log into nimbl and find ‘micro-savings’ under nimbl savings
Then click on ‘set up micro-savings’.
Next, confirm they want to set up ‘micro-savings’ by clicking enable.
Your child can choose the amount to micro-save every time they use their nimbl card and change it at any time.
There are no negative balances – so if there isn’t enough money on the nimbl card to transfer the micro-savings amount, the payment will be made and the micro-savings transfer will be skipped.
Every time your child uses their nimbl card we will automatically transfer their chosen amount into their nimbl savings.
By making savings easy your child will soon learn the benefits of regular saving and managing money responsibly.
Let’s redefine the way we help our children learn how to save!
A nimbl example:
Tom has £30.00 on his nimbl card
He sets up micro-savings and chooses to save 50p each time he uses his nimbl card.
Tom then spends £7.00 at a bookstore and we automatically transfer 50p from his nimbl card to nimbl savings.
We don’t believe in negative balances so if there isn’t enough money to transfer the micro-savings amount, we will ensure the payment is still made and the micro-saving transfer will be skipped this time.
On your Parent dashboard you can see how much money your child micro-saves each month and watch as those small amounts grow over time.
By making savings easy your child will soon learn the benefits of regular saving and managing money responsibly.
Your child can log into their nimbl account and start micro-savings today!