The SmartyPig Blog

SmartyPig Announces New ACH Redemption Option And More!

You\’ve asked and we\’ve listened. It\’s finally here! SmartyPig customers now have the option of sending the funds from their stopped goal back into their existing funding source via ACH. When you close your goal, you\’ll now have three unique options but with one enhancement: This new process will eliminate requesting a check. You can choose to place your savings plus interest on a pre-loaded SmartyPig MasterCard® Debit Card, Best-In-Class Retail Gift Card or the funds can be transferred back to your existing checking or savings account (ACH). All options are at no additional cost!

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We have a few other features we are debuting, as well. A customer suggested we add a \”Add New Goal\” link to the Savings Accounts page. So we did! Here\’s a shot of what it looks like on my own account.

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In the \”Manage\” section of your savings account, you can now track interest accrued by goal for the current quarter here…

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And we\’ve included a new report in your \”Account Activity\” called \”ACH\” where you can monitor all your ACH activity for a given goal.

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Look for more exciting updates and enhancements being released in the very near future!

  • Darkling

    I used SmartyPig once (for the awesome APY) to try and put some cash away. Everything was great except that, when I went to take the money out, my only options were an ATM card or a gift card. Well, I was using the money to help buy a house, so those weren\’t useful for me. I ended up calling and getting them to cut a check (they were very nice about it), but ACH would have been soo much easier. We\’ve gone to contract on our home and I\’ll be looking to Smartypig again once we\’re settled to save up for furniture and stuff now that there\’s a non-sucky way to redeem savings. This is a great idea and the only thing missing was an easy, electronic redemption option. I\’m glad to see you guys adapting to the customers\’ needs.