Frequently Asked Questions

We have collected this FAQ page so you can learn more about DaySave. By joining our waiting list you can ask questions directly from us via WhatsApp!

After I download and set up the app everything else will be automatic?

Your saving is based on your spending. Savings are automatically transferred to your DaySave account every few days, so the saving is done in small batches.

How does the saving happen?

We have partnered with One Tree Planted, an American non-profit organization, to build our savings model impactfully. We plant trees when you download the app and then when you reach your savings goals.

How is planting trees related to DaySave?

We have partnered with One Tree Planted, an American non-profit organization, to build our savings model impactfully. We plant trees when you download the app and then when you reach your savings goals.

How does this differ from the credit- and loyalty programs?

DaySave is the only one-stop savings app, and it works with your pre-existing bank account with no need for a separate card or bank account. With DaySave your savings will gain profit for you, so your money does not fade away from inflation like with standard debit savings or bank savings accounts with low returns.

How do you make money?

We have an annual service fee that fully covers the service, deposit transaction fees, and fund management fees. You only pay for the amount you use our service, so if you save less it still is beneficial for you.

How do you invest the savings?

Your savings are managed by a licensed fund management company partnering with us to provide you with DaySave’s great user experience. Your savings are invested according to the investment level you choose when you register, and savings preferences can always be updated from the settings

How can I withdraw my savings?

There's no lockdown period for savings but we encourage you to Save for the long term, as then you gain more profit on your savings.

What would I pay if I invested myself?

Taxes, transaction fees for all investments, and 4 years of your life wasted whilst average return for retail investors are less than with index. wouldn’t you rather get all the benefits and more with just us?

Start saving with DaySave!

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