A date nudge works in a very similar way to how a regular appointment in a calendar would work.
Date nudges allow you to specify a particular schedule of future dates (e.g.monthly on the 1st of the month) on which you would like to receive a notification to help you remember to transfer money.
They also allow you to specify the suggested amount you'd like to set aside on a regular basis (e.g. £2,500) and let you specify whether the amount to be saved is to be allocated to a single Money Pool (e.g. General Savings), or multiple Money Pools you may have created (e.g. £2,000 to 'Tax Reserve', £500 to 'Machinery').
When each notification is generated, you have the ability to:
- Click 'pay now' and move the money as suggested. Your bank app will open, with the appropriate payment details complete, for you to simply review and authorise.
- Click 'edit'. This will open the Marygold app and allow you to change the transfer instructions for this time only (you can change the amount and/or destination accounts), then take you on to your bank app for a second review and authorisation.
- Click 'ignore'. Which simply means you want to skip the saving this time, but receive future notifications.
Also, the date nudge is the only nudge that does not require linking your external business current account as the trigger events are date based (whereas other nudges like pay day nudge, require access to your business current account to watch out for inbound payments into your external business current account). So it can be helpful for businesses that want a nudge but are nervous about linking their business current account.