The home screen is designed to give you a snapshot view of your finances and comprises the following sections:
Total Savings
This section simply shows your the total balance of all savings held in all Money Pools (each Money Pool is a segregated Easy Access Savings Account) including your General Savings.
If you have Piggy Banks, any money held in Piggy Banks is not shown automatically in the Total Savings amount unless you decide to 'show' the Piggy Bank balances by pressing and holding the Piggy Bank section. Once complete, the Total Savings amount will show all money held across all accounts at Marygold.
Finally, for security and privacy reasons you may elect to obfuscate the Total Amount of app opening (e.g. if you regularly access the app in public spaces). If you have turned this feature on (via the Profile button) then you can expose the amount temporarily by pressing the 'unhide' button next to the amount.
General Savings
General Savings is an account we open automatically as you become a customer of ours. You do not need to open additional Money Pool or Piggy Bank accounts if you do need wish to, you can simply deposit savings into your General Savings Pool if that works for you. Your General Savings Pool is the only account you cannot delete.
Money Pools
Money Pools are separate accounts that are excellent for splitting your savings and/or saving goals into logical segments that make sense to you. They can help you organise your savings in a more productive way. For example, common use case would be to create a 'Rainy Day Money Pool' to set aside some savings for emergencies, as well as setting up regular saving goals such as a 'House Deposit Money Pool'.
In addition, you can use additional features against specific money pools if you wish but not all. For example you may wish to add a Time-lock to some particular money pools to help resit the temptation of spending certain money.
You don't have to use money pools, but they can be useful.
Piggy Banks
Piggy banks are identical to Money Pools but with one very special feature. Any money saved in a piggy bank is more difficult to view. Piggy banks are designed to help hide your money from yourself, again to help remove the temptation of counting your money.
You can of course view your piggy bank balances if you wish, but you need to press and hold the 'unhide' button for 30 seconds to do so. It doesn't sound like a lot but it can be annoying....which is exactly the point.
You can also convert money pools to piggy banks and vice-versa whenever you want. You are always in control.
External Bank Accounts
External Bank Accounts are non-Marygold accounts you hold externally (for example bank current accounts you may have at Barclays, HSBC, etc).
We allow you to link any (and all) external accounts you wish in order to help give you a total picture of all your money should you want to. As well as giving you some transparency over your money, we also allow customers to utilise me2me transfers on any linked accounts should you need to move money between your external accounts. Me2me transfers are designed to be the most convenient way to make transfers between your own accounts.
Lastly, if you decide to link external accounts you can also benefit from the more sophisticated 'Nudges' we offer (see below) which require certain balance or transaction information from your current account to work.
No do not need to link any external accounts if you don't want to.
External Credit Cards
External Credit Cards are credit card accounts the business holds externally (for example business credit cards you may have at Barclays, HSBC, etc).
Transactions
This is simply a section that summarises any transactions you have processed involving Marygold accounts.
Nudges
Nudges are designed for customers that want to save regularly, but often forget. Knowing in advance of how much you can save and when is often difficult; life gets in the way. Unexpected bills, unannounced family visits, anything can happen that alters our financial situation.
Nudges help with this. Simply choose the type of nudge you want (see the nudges section of FAQs), and then you will receive a notification as per your preference with a me2me transfer link which you can act on, edit or simply ignore. Giving you total control and convenience. Also, if the nudges don't work for you, no problem, simply try another or turn them off.
Menu Bar
The menu bar at the bottom is a convenient way to switch between Home Screen or Account views, or simply initiate a me2me transfer.
Profile Button
The profile section is a way of accessing and editing your broader Marygold app account information, including security settings and more.
Notifications
The notifications sections provides you with easy access to the history of in-app notifications we have sent you.