Savings Plan: Goal Savings, Flex Savings and Reserve Savings

Savings Plan: Goal Savings, Flex Savings and Reserve Savings

🏆 Goals Savings

How to Create a Goals Plan

  1. Open the app and go to Savings from the home screen.

  2. Tap on Goals, then tap Create Plan.

  3. Enter your plan name and the reason you're saving (e.g. rent, school fees).

  4. Type in your goal amount, select how often you want to save (e.g. daily, weekly), and choose a payment day.

  5. Set how long you want to save for (duration).

  6. Choose your primary and secondary funding sources (e.g. Rank Wallet or saved card).

  7. Tap Continue, review the Terms & Conditions, and accept them.

  8. Tap Finalize to complete your setup.
    ✅ Your goal plan is ready!


How to Rollover a Matured Goals Plan

  1. On the home screen, go to your matured goal plan.

  2. Tap Rollover.

  3. Choose what to roll over:

    • Principal + Interest

    • Principal only

  4. Enter your new target amount.

  5. Set your savings frequency and duration.

  6. Choose your funding sources.

  7. Tap Continue, then review and accept the Terms & Conditions.
    ✅ Your goal has been rolled over successfully.


How to Withdraw from a Matured Goals Plan

  1. Go to the Goals page to see your savings plans.

  2. Tap the plan you want to withdraw from.

  3. Tap Withdraw.
    ✅ The funds will be transferred to your Rank Wallet, and you’ll receive a confirmation message.


How to Break a Goals Plan (Before Maturity)

  1. Open the Goals home screen.

  2. Tap the plan you want to break.

  3. Tap the 3-dot menu at the top right.

  4. Select Break Plan.

  5. Tap Proceed.

  6. Choose where the penalty fee will be charged from:

    • Savings Wallet

    • Withdrawal amount
      ✅ Your plan will be closed and funds released.


How to Top Up a Goals Plan

  1. From the Goals home screen, select the plan you want to top up.

  2. Tap Top Up.

  3. Enter the amount you want to add.

  4. Choose your funding source (Rank Wallet or Saved Card).

  5. Tap Continue.
    ✅ A confirmation message will appear once your top-up is successful.


💼 Flex Savings

How to Create a Flex Plan

  1. From the Home page, tap Savings.

  2. Tap Flex, then select Create Plan.

  3. Tap Save to move funds from your Rank Account to Flex.

  4. Enter the amount you want to save and tap Save.

  5. Want to save automatically? Tap Turn on Auto Drop to set up auto-saving.


How to Send Money from Flex

  1. On the Flex home screen, tap Send Money.

  2. Enter the amount to send.

  3. Choose the account to send from:

    • Naira Account

    • Flex Account

  4. Tap Send Money.
    ✅ Your money will be sent instantly.


How to Top Up Your Flex Plan

  1. From the Flex home screen, tap Top Up.

  2. Enter the amount you want to add.

  3. Choose your funding source (Naira Account or Saved Card).

  4. Tap Continue.
    ✅ Top-up complete!


How to Withdraw from Flex

  1. Tap Withdraw on your Flex screen.

  2. Enter the amount to withdraw.

  3. Tap Send Money.

  4. Choose your account (Flex or Naira Account).
    ✅ The funds will be transferred to the chosen account.


🛡️ Reserve (Fixed Savings)

How to Create a Reserve Plan

  1. From the Home screen, go to Savings.

  2. Tap Reserve, then tap Create Plan.

  3. Enter the amount you want to reserve.

  4. Choose when to collect interest (monthly, end of term, etc.).

  5. Select your reason for saving.

  6. Choose the plan duration.

  7. Select your funding source.

  8. Accept the Terms & Conditions.
    ✅ Your Reserve plan has been successfully created.


How to Rollover a Matured Reserve Plan

  1. From your Reserve home screen, tap the matured plan.

  2. Tap Rollover.

  3. Choose your rollover type:

    • Principal + Interest

    • Principal only

  4. Enter your new target amount.

  5. Choose your savings duration.

  6. Tap Continue, then review and accept Terms & Conditions.
    ✅ Your plan has been rolled over.


How to Withdraw from a Matured Reserve Plan

  1. Go to the Reserve page.

  2. Tap the matured plan you want to withdraw from.

  3. Tap Withdraw.
    ✅ Your funds will be moved to your Rank Wallet, and a success message will appear.