Monefit is thrilled to unveil a new feature that takes the convenience of your SmartSaver Vaults to the next level—Auto-Renew. With this enhancement, managing your investments just became easier, ensuring you can continue earning high returns with minimal effort.
What’s New?
In the past, if you wanted to keep a specific Vault after it matured, you had to manually create a new one and redeposit your funds. This process, while straightforward, required time and attention. But now, Auto-Renew eliminates these steps entirely. Once you set up your Vault, it will automatically renew itself at the end of its term, locking in the higher APY without you lifting a finger.
How to Use Auto-Renew
Before Setup: When you create a new Vault, Auto-Renew will be toggled on by default. This means that, unless you choose to turn it off, your Vault will automatically renew on its maturation date, allowing your investment to keep growing.
After Setup: Changed your mind after setting up your Vault? No worries. You can toggle Auto-Renew on or off at any time. Simply go to your Vault through the main dashboard and make the change with a single click. Your Vault will then Auto-Renew at the end of its current term, ensuring continuous growth of your funds.
Why Auto-Renew?
Auto-Renew is designed to make your investing experience as seamless as possible. By removing the need for manual renewals, it allows you to focus on your financial goals without worrying about the logistics. Whether you’re saving for the short term or building a long-term nest egg, Auto-Renew ensures that your money is always working hard for you.
With Auto-Renew, SmartSaver Vaults offer not just higher returns but also a hassle-free way to manage your investments. Turn it on, sit back, and watch your funds grow—year after year.
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