• If you are a Payactiv member, you can use Goal-Based Savings¹ to create different “buckets” or set aside purses for your various savings goals.
• This feature, combined with SmartSave, helps you set a realistic timeline for reaching your savings goals without falling behind on your other bills.
• You can also automate your savings with the Payactiv app².
• Check out the Payactiv discount marketplace to save on gas³, movie tickets, prescription drugs, and more.

As a Payactiv member, you have many saving tools at your fingertips. You can set up individual savings goals and establish realistic timelines to reach them. It’s even possible to automate your savings, which is a proven strategy to achieve your goals faster. 

Plus, when you have to spend money, you’ll find deals available exclusively inside the Payactiv app. That way, you can save extra money to put toward your goals.

Use Goal-Based Savings to Set up Multiple Savings Goals

Our Goal-Based Savings feature can help you set up multiple goals at once. Whether you’re saving for a vacation, an auto loan down payment, an emergency fund, or all three, you can create a set-aside purse for each individual goal. 

Then, you can visualize your progress for each one within the Payactiv app to make sure you stay on track.

Set Your Timeline

As you set up your Goal-Based Savings purses, you can establish specific timelines for each one. Let’s say you want to take a $2,000 Cabo trip in February and start saving in July. You’ll easily be able to see that you’d need to save about $286 per month to meet your goal.

However, you might need that money before your trip. When booking a vacation, buying your airline tickets or hotels in advance can be wise. If you set your savings goal for December, Goal-Based Savings would show you that you need to save $400 monthly.

Avoid Coming up Short With Smartsave

You know you need to save $400 monthly to sip cocktails on the beach next winter. But can you afford to do that?

This is where Payactiv’s SmartSave feature comes in handy. It takes all of your regular expenses, like your rent and utility bills, into account and then tells you how much you can “safely” save.

If you can’t realistically reach your $400 monthly goal, you have a couple of options. You could either delay your vacation by a few months or look for ways to save money on your vacation. 

Maybe you find cheaper accommodations or consider another destination that’s not quite as expensive. That way, your goals are motivating and achievable, allowing you to save while ensuring you have enough to cover your basic needs.

Automate Your Savings

Once you set your goal and verify that you can reach it using SmartSpend, the next step is to automate your savings within the Payactiv app.

Let’s assume you can afford your $400 per month savings goal. Instead of manually moving money into each set-aside purse on payday, you can set up an automatic transfer of $400 monthly to save without thinking about it.

Savings While Shopping

Setting money aside isn’t the only way to save. Payactiv can also help you save on everyday purchases. The less money going out of your account, the more you can afford to stash away. 

Some items you can always save on using the Payactiv app include: 

• Gas
• Prescription medication
• AMC movie tickets

Check out the discount marketplace in the Payactiv app before making any purchases. We’re always adding new deals so you can keep more of the money you’ve earned and reach your financial goals faster.

Final Word

If you’re a Payactiv member, there’s no shortage of ways to save. Be sure to use Goal-Based Savings and SmartSave to achieve financial success. When you need to spend money, use the discount marketplace to lower your total at checkout

¹ Goal-based saving is a set-aside account, and you will not receive interest or other earnings on the funds within the goal-based account.

² Standard data rates from your wireless service provider may apply.

³ To qualify for the gas discount, you must use your physical Payactiv Visa Card at a Murphy USA Gas Station. For cashback in non-Murphy States Payactiv Visa Cardholder must have direct deposit set up on their Payactiv Visa Card and receive a direct deposit of at least $200 or more within the last 30 days of each gas purchases. You will earn a 5% Cash Back Reward on qualifying gas purchases at gas stations when you pay at the pump using your Payactiv Visa Card. Reward is generally deposited to your linked Payactiv Visa Card within 10 business days after qualifying purchases. Limit of one reward for each qualifying purchase. Gas station merchants must have merchant category codes in order for the gas purchase to be eligible for rewards.

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