Over the past 12 months, Vaults have empowered our investors with new choices and opportunities. We’ve seen how you’re using them, the smart investments you’re making, and we’ve listened to your feedback to make Vaults even better.

You want your dreams to grow. You want flexibility. You want stability. Most importantly, you want growth. And you want your money to work for you, because you’ve worked hard to make it.

Now, it’s time for SmartSaver to make that happen. So let’s lift the hood and show you Vaults 2.0.

Increased Flexibility

From today, SmartSaver Vaults give you total freedom over the length of your term, from 6 months to 24 months. The longer you commit the higher your Vault return rate. Starting from 8.33% APY all the way to 10.52% APY.

This Vault should serve your goal. If that’s a trip up the Matterhorn and you have 500 days to save, then that’s the day you can choose for your Vault to pay out. And just so you know, a 500-day Vault would earn you a head-turning, 9.82% APY.

Our best rate ever

Yes, you read it right. It wasn’t a typo up there. We’re now offering 10.52% APY on every 24-month Vault.

Vault rates will start at 8.33% APY for the 6-month option and increase to 10.52% APY if you choose the full 24 months.

This means the longer the duration you choose, the larger the return rate you’ll receive.

You can even decide the length of your Vault by the return rate you’re looking for. Why not experiment with the returns calculator to get it just right before you commit.

Earn a passive income

The biggest change to Vaults is directly inspired by you, our investors. If there was one requirement we heard over and over again, it was to be able to use Vaults to generate a passive income:

Our users told us they wanted passive income, and now, if you open a 24-month Vault, you’ll get the option of true passive income.

Every month, your Vault returns will be paid directly to your SmartSaver account. Your initial capital will remain in your Vault, but you won’t need to wait two years for your returns – you’ll get them monthly.

It’s a fantastic way to earn consistent passive income, which you can forecast from the moment you open the Vault.

And you can project your monthly payments based on your initial capital investment. If you’ve got a monthly amount in mind, you can put the correct amount in your Vault to match this monthly payout.

Just imagine waking up to your payout once a month – who doesn’t want to earn in their sleep?

And don’t forget

SmartSaver Vaults are a great way to grow your wealth – but they’re a long-term investment.

Once your money is locked into a Vault, you cannot access it for the entire duration of the Vault. And if you need to withdraw your funds from your Vault before your chosen period ends, you’ll lose all your returns.

It’s always good to keep some funds growing in your main SmartSaver Account, which can be accessed within 10 days, and assign the rest, or an amount you wish, to a Vault.

So, these are the big three changes to our Vaults:

• Flexibility – Choose the length that works for you
• Our best rate ever – 10.52% APY on a 24-month Vault
• Monthly payouts – Get your returns monthly with a 24-month Vault

We’ve also added the option to give your Vault a purpose for increased personalisation and extended the Vault name field, so you can really have fun there.

So, about time to open your new Vault don’t you think?

*The information presented in this blog post is valid as of the time it is published. The content is intended to provide information only and is not meant and should not be considered as financial or investment advice of any kind.