Are you looking for a smarter way to manage your idle cash? Thndr’s latest product, the Savings Wallet, offers impressive Savings Incentives of up to 18% annually, designed to help you grow your money effortlessly. This new addition is separate from your current investing wallet, making it easier than ever to park your funds, earn guaranteed returns, and keep your financial goals on track.
Why We Created the Savings Wallet
At Thndr, we recognize that having a reliable savings product is a cornerstone of financial stability. Whether you’re saving for a specific goal or just looking to maximize the potential of your idle cash, our Savings Wallet provides savings incentives that align with your financial needs.
Key Features of the Savings Wallet
Incentives that reach as high as (18%): Enjoy one of the highest incentives available, calculated on your minimum monthly balance
Never miss out on investment opportunities: Move money effortlessly between your Thndr Investment Wallet and your Savings Wallet, making your funds always accessible.
No Minimum Balance Required: Start saving with any amount, without worrying about minimum balance restrictions.
Why the Savings Wallet is Right for You
Many of our users have shared that they often keep idle cash ‘in the drawer,’ missing out on potential earnings. With the Savings Wallet, you can keep your money out of sight but still actively working for you, and reach your financial goals faster.
Plus, by keeping your savings within Thndr, you’ll have your money readily available for investments whenever the opportunity arises.
How to Get Started
Accessing your Savings Wallet is simple. Navigate to your wallet page on Thndr, and you’ll find a toggle to switch in the top right corner that will take you over to your Savings Wallet.
From there, you can transfer funds instantly, start gaining your returns, and manage your savings with the same ease and convenience you’ve come to expect from Thndr.
What You Can Expect
When you transfer money into your Savings Wallet, the return calculation begins the following day, ensuring that every day your funds are working to grow.
How are my savings incentives calculated
Savings Incentives are based on the lowest amount you’ve held in your wallet throughout the month. Here’s how it works:
Imagine you start with 100 EGP in your savings wallet. You then withdraw 50 EGP, leaving 50 EGP behind. Later, you withdraw 25 EGP, ending the month with 25EGP.
In this case our returns are calculated on the minimum balance you held during the month—in this case, 25 EGP. So, you still earn on that amount, ensuring your savings always work for you.
Can I transfer money from my savings wallet to my investment wallet?
You can easily transfer money from your savings wallet to you investment wallet on Thndr with the following steps:
- Go to your savings wallet page
- Click transfer
- Choose “Investment wallet” as your transfer method
- Type in the amount you would like to transfer and confirm.
Your fund will be instantly transferred to your investment wallet with no fees and you’ll be able to use these funds for investing right away.
A Smart Move for Your Financial Future
Thndr’s Savings Wallet is more than just a place to park your money—it’s a strategic tool designed to maximize your financial potential. Whether you’re new to Thndr or a seasoned investor, this wallet is an excellent way to secure your savings while still having the flexibility to invest when you’re ready.
Ready to make your idle cash work for you? Try the Thndr Savings Wallet today and enjoy an up to 18% in incentives with no hassle, no minimums, and no worries.
