When it comes to growing your money, not all savings plans are created equal. At Rubies, we understand that your financial goals (and lifestyle) are unique — which is why we offer two smart ways to save with Vault: Fixed Savings and Target Savings.

But which one should you choose? Let’s break it down.

1. Fixed Savings – Lock It & Grow It

Best for: Long-term goals and disciplined savers.

With Fixed Savings, you choose an amount, lock it away for a set period, and earn higher interest than regular savings. It’s like planting a tree — you can’t touch it while it grows, but when it’s ready, you enjoy the shade (and the fruit).

Why people love it:

• Higher returns than regular savings.
• Perfect for big, future-focused goals like buying property, starting a business, or building an emergency fund.
• Removes the temptation to spend because you can’t withdraw until maturity.

2. Target Savings – Save Step-by-Step

Best for: Short-to-medium term goals and flexible savers.

Target Savings lets you set a goal amount, choose your timeline, and make regular deposits until you hit your target. It’s like filling a jar — little by little, you watch your progress grow.

Why people love it:

• Flexible deposits — save daily, weekly, or monthly.
• Great for specific goals like travel, events, or gadgets.
• You can monitor progress in the Rubies app to stay motivated.

So… Which Should You Pick?

• Pick Fixed Savings if you want to lock away your money, forget about it, and enjoy higher returns when it matures.
• Pick Target Savings if you have a goal in mind and want the flexibility to save towards it at your own pace.

Pro Tip: You don’t have to choose just one. Many Rubies users keep a Fixed Vault for their long-term dreams and a Target Vault for short-term goals. That way, you enjoy the best of both worlds.

Ready to start?
Open your Rubies app today, explore Vault, and choose the plan that matches your goals. Your future self will thank you.

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