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What is a Piggy Bank?

Understanding Yeeld Piggy Banks

A Piggy Bank in Yeeld is a simple and effective way to save money towards specific goals. Unlike traditional investment accounts, Piggy Banks are designed to help you set aside funds for short-term or medium-term goals without investing in the market. They offer a flexible and straightforward saving method, allowing you to manage your savings directly within the Yeeld app.

Key Features of Yeeld Piggy Banks:
- Goal-Based Saving: Create multiple Piggy Banks to save for specific goals, such as a holiday, new gadget, or any future expense.
- Flexible Contributions: Add money to your Piggy Banks whenever you like, with no minimum or maximum limits, allowing you to save at your own pace.
- Easy Management: View, manage, and transfer money to and from your Piggy Banks directly within the 'Portfolio' section of the Yeeld app.
Who is it For?
Yeeld Piggy Banks are perfect for users who want to save money for specific purposes without the complexities of investing. Whether you're planning a special purchase, building an emergency fund, or simply setting money aside for a rainy day, Piggy Banks provide a focused and accessible way to manage your savings.

Start using Yeeld Piggy Banks today to take control of your savings and reach your financial goals with ease.

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Yeeld's products and services are provided by Yeeld Financial Services LTD (15776510) and Yeeld Investments LTD(15775018), wholly owned subsidiaries of Yeeld Technologies LTD (14870361) registered in England and Wales with a registered office at Level 18, 40 Bank Street, Canary Wharf, London, England, E14 5NR.

Yeeld Financial Services are a co-brand of Payload Ltd, who act as a Programme Manager under Transact Payments Limited (TPL), a company which is incorporated and registered in Gibraltar with company number 108217 and registered office is at 6.20 World Trade Center, 6 Bayside Road, Gibraltar, GX11 1AA. Transact Payments Limited is a licensed electronic money institution authorised and regulated by the Gibraltar Financial Services Commission to issue electronic money and provide payment services. Your account and related payment services are provided by Transact Payments Limited. Whilst Electronic Money products are not covered by the Financial Services Compensation Scheme, your funds will be held in one or more segregated accounts and safeguarded in line with Part 4 of the Financial Services (Electronic Money) Regulations 2020.Yeeld's cards are issued by Transact Payments Limited pursuant to licence by Mastercard International Incorporated. Mastercard and the circles design are registered trademarks of Mastercard International Incorporated.

Yeeld Investment Limited (FCA no: 1019161) is an appointed representative of WealthKernel Limited is authorised and regulated by the Financial Conduct Authority, no. 723719, registered in England and Wales, no. 09686970, with a registered office at 41 Luke St, London, UK, EC2A 4DP. All assets held under custody are protected by The Financial Services Compensation Scheme (FSCS) up to a value of £85,000. Please refer to https://www.fscs.org.uk for more information.