Spend and Save on Auto
Grow your savings automatically as you spend using your ALAT app.
ALAT is making Savings so easy with the spend and save feature!
The best way to cultivate a saving habit is to treat savings just like any other recurring expense; something paid for regularly. Whatever your goal is, whether you want build up short-term or long-term savings, our Spend and Save feature will make your goal achievable.
The Spend and Save automatically allows you save between 5 to 20% of all expenses made such as Airtime & data purchases, transfers, and Bills payment from your ALAT App or account.
Features of Spend and Save
Spend and Save feature helps you save money as you spend. Here are some of it interesting perks.
Multiple savings rules
Spend and Save allows you to set a savings rule that automatically saves a percentage of every transaction you make. For example, you can choose to save 10% of every transaction you make with your ALAT debit card.
It offers flexible savings options such as savings goals and savings plans. You can set a savings goal for a specific amount and a date to achieve it, or create a savings plan that automatically saves a fixed amount at regular intervals.
Explore other similar savings goals
Investment Goals on ALAT is a feature that helps you plan, track, and achieve their investment targets.
Fixed Goal on ALAT is a savings feature that allows you to set a specific investment target and lock away funds towards achieving it, with competitive interest rates.
Flexi Goal on ALAT allows you to set investment targets with no fixed completion date, giving you the flexibility to contribute towards your goals at your own pace
Dollar Goal feature on ALAT allows you to save and invest in US dollars, providing a unique investment opportunity with potential returns in foreign currency.
Investment Goal on ALAT allows users to set financial targets and automatically save towards achieving those goals, with options.
Lock up Goal feature on ALAT allows you to save towards a specific goal by locking up your funds for a set period of time.
With our user-friendly app, you can easily pay your bills from the comfort of your own home, & never miss a due date again.
Other various savings goals feature
With several awards, ALAT continues to distinguish itself in the financial technology service industry across Africa enabling individuals and businesses with savings & investment opportunities.
Save for a new target whenever you want and earn huge interest rate.
Save towards a project at a frequency of choice, with withdrawal option.
Save in dollars whenever you want and not allow your money loose it’s value.