Money in a Jar is kept separately from your balances. You can’t accidentally spend it with your debit card, and you can’t send it or use it to pay Direct Debits.
You can open as many Jars as you need to organise your money.
Use Jars for:
saving up for a holiday or big purchase
storing money you want to send in another currency
planning for bills or other future expenses
setting aside money for a rainy day
How do I use Jars?
When you open a Jar, you’ll choose the currency you want to save in and give it a name and emoji. Then you can add money from any of your balances.
When you’re ready to spend, you’ll need to withdraw money to a balance that’s in the same currency as the Jar.
How do I open Jars?
Click on Open
Select Jar
Select a Currency
Assign it a name and an emoji
Add money from your balances
How do I close Jars?
Click on your Jar, then click on the 3 dots on the top of your screen on the Wise app. On the website, click on your Jar, then click on More. By doing so, you will see the option to close your Jar.
Anything else I should know?
Jars don’t give you interest on the money you hold in them.
If you have a personal account with an address in Singapore, you can only use Jars when you invest in Assets.