Plum

Plum: Smart Saving & Investing - User Guide Welcome to Plum, your smart solution for saving and investing. This guide will help you navigate the app and make the most of its features. Getting Started Download and Install: Search for "Plum: Smart Saving & Investing" in your app store and install it. Open the app and sign up by following the prompts to create your account. Link Your Bank Accounts: Connect your bank accounts to Plum for a comprehensive view of your finances in one place. Follow the in-app instructions to securely link your accounts. Key Features Automated Savings: Scheduled Deposits: Set up automatic transfers of a fixed amount each week or on payday to build your savings consistently. Smart Rules: Use Plum’s AI-driven algorithms, Round Ups, or engage in easy challenges like the 1p Challenge to boost your savings effortlessly. Plum Cash ISA: Tax-Free Savings: Earn 4.92% AER (variable) on your savings with easy access. Minimum Start: Begin with as little as £1 and transfer existing ISAs for added flexibility. Protection: FSCS protection is available for eligible customers. Interest Accounts: Interest Pocket: Earn up to 4.7% AER with our easy-access account. Notice Account: Opt for a 95-day Notice Account to earn up to 5.2% AER. Security: Both accounts are FSCS-protected and managed by Investec Bank Plc. Plum Interest: Variable Returns: Earn up to 4.93% with this low-risk Money Market Fund (MMF). Easy Access: Withdraw funds with just 1-business day notice. Flexibility: Add any amount you wish to invest, with capital at risk. Stock Investing: Commission-Free Trading: Invest in US company stocks without incurring commission fees. Extensive Choice: Access up to 3,000 companies including major players like Amazon and Tesla. Automation: Set up recurring buy orders and price alerts to manage your investments effectively. Managing Your Account Track Your Progress: Monitor your savings, investments, and overall financial health through your Plum dashboard. Adjust Settings: Modify your savings rules, investment preferences, and account details as needed. Access Support: For assistance, use the help section within the app or contact Plum’s customer service. Important Information Fees: Fees may apply for certain services. Please review the fee structure within the app. Risk Notice: Investment products involve risk, and returns are not guaranteed. Always consider your risk tolerance before investing. Thank you for choosing Plum. Enjoy smarter saving and investing with our innovative tools designed to help you reach your financial goals.