How to Transfer Money from Live Better Savings Account?
Saving for your dream vacation or retirement is more challenging than you think. It takes a serious commitment and consistency to achieve the desired amount. Thankfully, there is a way to go about it. The Live Better savings account offered in Capitec is one of the most efficient savings methods. Capitec is a renowned digital bank in South Africa that has over 10 million clients. It launched a Live Better savings account to make saving easy for its customers. With this, there is a rewards program for all clients to enable them to save better as they bank with Capitec. If you want to transfer money from your Live Better savings account, this article is for you.
How to Transfer Money from the Live Better Savings Account?
Saving is one of the ways you can secure your financial future and build wealth. Moreover, your savings can come in handy in case of any uncertainty or emergency that requires the money. But saving has proved to be very difficult for many. That is why South Africa’s Capitec bank came up with the Live Better savings account. It employs some smart tools that allow you to save efficiently so you can spend your time on other things that matter to you. The Capitec app gives you complete control over your savings and cash back. The best part is that when you need it, you can transfer your money instantly to your main account via the app. Here’s how.
- On the Capitec mobile app, join Live Better (it is free!)
- Switch on the Save Better tools (round-up and interest sweep) to watch your savings grow automatically.
- To transfer money between your accounts, choose Save
- Enter your secret Remote PIN to sign in
- Select Transfer Money
- Choose the From and To account
- Input the transfer amount
- Click on Transfer. This will transfer the money to your transactional account. You will receive a notification on the same.
Also Check: Can I Withdraw Tymebank Money at Capitec ATM
How to Save Better with Live Better
Once you join Live Better on the Capitec mobile app, there are tools that help you save on autopilot. Here are two of the important ones to help you save better.
Enable Round Up. This feature works to turn your small change into big savings without requiring your effort. Once you enable it, you are free to spend as you normally would—Capitec will round up every purchase to your preferred value (R2, R5, R10) and transfer the difference to your savings account once the transaction has cleared. This applies to all card purchases, whether physically using a card machine or digitally with the app.
Also Check: How to Check Capitec Balance with Another Number?
Interest Sweep feature helps you gain more interest. When enabled, any interest you earn on your transactional savings account and savings plan will be ‘swept’ into your Live Better savings account at the end of the month.
Also Check: How to Reverse eWallet on FnB Cellphone Banking
Conclusion
Live Better allows you to save better while banking with Capitec. It is a unique savings account that does not require any effort; you only need to turn on the smart saving tools and watch your savings grow. Transferring money from this account is equally as simple. It is possible via the Capitec mobile banking app, as explained above.
