Plinqit: Savings Made Simple
Saving money can be a challenge for many us.In fact, nearly 60 percent of Americans have less than $500 in their savings accounts. About 25 percent of the population has $0 saved.Sound familiar?
FAB&T would like to help change that. We want you to have money put away for travel, a new car, an engagement ring, an emergency fund, or anything else you choose.
Introducing Plinqit from FAB&T. Plinqit is savings made simple.
With Plinqit we are rethinking the savings account, modernizing the process of saving money, making it easier and — believe it or not — fun.
Plinqit, which securely links to your checking account and is FDIC insured, is a digital solution that follows traditional tips for saving money.
Pay Yourself/Set Goals
Decide why you want to save money, name your savings goal and then designate the amount you want to save. Plinqit does the work for you.
Out of Sight, Out of Mind
Plinqit automatically saves the amount you designate, so you don’t have to remember to put the money into a separate savings account. Anytime you want, you can go online and check your progress. You can choose to save an amount per week, bi-weekly or monthly.
Plinqit reminds you of why you’re saving and what you’re saving for, and will update you on the percent of progress toward fulfilling your goal.
Best of all, Plinqit is free to use as long as you meet your savings goals!
There is a “break the bank” fee for early withdrawal, but you choose the amount. On the other hand, if you stick to your plan and achieve your savings goal, you will be rewarded by FAB&T.
If you refer a friend to use Plinqit through FAB&T, your account will be credited with $5 for each friend, up to five friends (a total reward of up to $25).
FAB&T is also pleased to offer additional financial education through Plinqit, ensuring that you are managing your money and planning to save in the best ways possible.
Plinqit is a digital piggybank in your pocket, and yet another way we are helping you LIVEFirst!