Saving for a big or small goal becomes easier when it naturally fits into your daily routine. Open an Electronic Money Box through Mycredo, choose how much you want to set aside, and the selected amount will be automatically saved whenever you complete eligible transactions. This way, you can gradually build your savings without any extra effort, simply by making payments, transferring money or paying utility bills.
Open an Electronic Money Box
How Does Automatic Saving Work?
The Electronic Money Box makes saving part of your everyday routine. Open an Electronic Money Box through Mycredo, choose the amount you want to set aside, and continue with your daily transactions. Whenever you complete an eligible transaction, your selected amount will automatically be transferred to your Electronic Money Box - no additional action required.
Choose an amount → Make a transaction → Save automatically
Which Transactions Help You Save?
With the Electronic Money Box, you can save money alongside the transactions you already make every day:
- Card payments
- Utility bill payments
- Transfers to other Credo Bank accounts
- Transfers to accounts at other banks
The amount you choose will automatically be added to your Electronic Money Box every time you complete an eligible transaction.
How Does Saving Add Up?
Here’s a simple example:
- Let's say you choose X GEL to save in your Electronic Money Box
- You pay by card at a supermarket X GEL is automatically added to your Electronic Money Box
- Then, you pay a utility bill another X GEL is added to your savings
As you continue with your everyday transactions, your savings gradually grow without having to set money aside separately.
With the Electronic Money Box, you can automatically save money through your everyday transactions and direct your savings to an eligible account or deposit, helping you grow your savings and earn additional interest. Go to the Products page, choose an existing deposit to which you want to add the Electronic Money Box, and activate the feature. You can easily manage your accumulated savings through Mycredo.
Manage Your Savings with Ease
Your Electronic Money Box is under your control - you can manage your saving preferences whenever you need to.
With Mycredo, You Can:
- Pause automatic saving
- Resume automatic saving
- Transfer or use your accumulated savings
- You decide how much to save, when to save, and when to use your savings.
- Start Saving for Your Goals
Open an Electronic Money Box through Mycredo, choose the amount you want to save, and start building your savings automatically through your everyday transactions.