Savings Lock

What is a Savings Lock?

A Savings Lock lets you lock a chosen amount of money for a fixed period. In return, you earn a higher return than a standard investment because the funds are completely inaccessible until the lock matures. It is designed for disciplined, longer-term saving.

Creating a Lock Go to Savings from your profile menu. Choose a lock duration and enter the amount you want to lock. Tap Lock Funds. The amount is moved from your withdrawal balance into the lock immediately.

While Funds are Locked You cannot withdraw, transfer, or use locked funds for any purpose until the maturity date. This is intentional — the restriction is what earns you the higher return rate.

Your lock appears on the Savings page showing:

• The locked amount
• The return rate
• The maturity date
• Projected payout at maturity

When a Lock Matures On the maturity date, your full principal plus earnings are released automatically back into your withdrawal balance. You will receive a notification when this happens.

Claiming Early Some lock types allow early claiming with a reduced or forfeited return. If early claim is available for your lock, a Claim button will appear before the maturity date. Read the penalty terms carefully before claiming early.

Why Use a Savings Lock?

• Higher return rate compared to standard investments
• Forces disciplined saving — removes the temptation to spend
• Ideal if you have a financial target (a goal, a planned withdrawal, etc.)
• Works well alongside a Savings Goal — set a goal and lock the funds at the same time

Tip Pair a Savings Lock with the Savings Goal feature (found under your profile). Set your target amount and deadline, lock the funds, and track your progress toward the goal in one place.