Booster Savvy Returns $1 Million To Customers
Press Release – Booster
As of 3 June, those returns topped $1,018,000 delivering a significant boost to account holders. Savvy has proved popular with Kiwis attracting nearly 6,000 customers who now collectively hold $50m in their Savvy accounts.
Where do you find a million bucks? In Booster Savvy customers' returns!
Since Savvy was launched a little over 18 months ago to offer New Zealanders a new way of managing their money, more than $1 million has been paid in returns.
Booster Savvy is an investment account linked to a debit card and smart app for day-to-day payments and transactions. Clever features in the companion app help users manage their money and save toward goals.
Savvy is unique in offering savers a competitive return on every dollar – currently 3.25% – whilst also offering the flexibility to withdraw as and when required without penalty.
As of 3 June, those returns topped $1,018,000 delivering a significant boost to account holders. Savvy has proved popular with Kiwi's attracting nearly 6,000 customers who now collectively hold $50m in their Savvy accounts.
'This is a fantastic milestone for our customers,' says Booster Chief Executive Di Papadopoulos.
'At Booster, we understand people work hard for their money and we want their money to work hard for them. We're thrilled that $1m has already been returned to their pockets.
'It's also great to see people saving using Savvy's tools. By choosing to use our 'Boost' feature that rounds up purchases and saves the difference, Savvy customers have saved $141,000 so far. At the same time our 'Sweep' feature has been used to move $190,000 of unspent money towards savings goals.
'Automatic tools like this are a really easy way to consistently save and we're delighted that so many Savvy customers are getting such good use – and returns – out of their accounts,' says Papadopoulos.
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