• Ideas
  • Change account types (i.e. Saving Goals)

Hello there!

The new saving goal feature looks really great! I really wanted to try it out, but I came across the following. I want to change an existing account that I use for saving into a saving goal, but I can’t seem to find such an option. Is it possible, and if yes, where can I find it?

Happy saving πŸ™ŒπŸ»

    I don't think it is possible because a savings goal does not have a IBAN. The best thing you could do is create a savingsgoal and deposit the money of the bank account in to the savingsgoal. After that you can give the bank account a new purpose or you could delete it entirely.

      @Roelof-Grey-Badger#41648 It does have an iban.

        @Lexa-kom-Trikru#41649 Ow my fault i did not see thatπŸ™ˆ

          This would be awesome!! I have quite a few accounts that I setup in bunq for savings goals, and it would be really nice to have a way to convert an existing account to a savings goal with a few taps.

            Its also not possible to transfer a part of the saved money to another account. You have to transfer all the saved money

              +1! Would really like this feature, as I do not want to change the IBAN of my current savings savings account.

                @MarcoBoersma#41659 Yes, it is possible. Just click the button Pay and choose your savings account. VoilΓ !

                  @Rene-Pink-Turtle#41716 You can only transfer all the saved money, not a Part of it

                    It is possible.

                    Click the Pay button > amount > choose reveiver > click icon to change the account from which the amount is payed > change it to a savings account. Pay!. And Done. Try it.

                      you can only withdraw everything, not a part of the saved money

                        @MarcoBoersma#41742 He means the Pay button from e.g. your general "Accounts" screen. When you set up a payment that way, you have the chance to change the "source" account to be a Savings Goal "account". So it is possible to pay/withdraw any amount, just not from the Savings Goal screen itself, and you may get an "Are you sure, you just stared saving!" warning.

                          @vampjon#41745 ok found it , but that's not really user friendly

                            Don't choose your savings account.

                            On the first screen choose pay and after you did > follow what I've told above.

                              I think the idea is intentional, to make it not too easy to withdraw amounts of money from Savings Goals on a whim. This is how Ali explained it on stage as well, to stop the temptation to use "just €20" from it or whatever. So it's not clear if a workaround such as I described is even intended to be possible at all. πŸ˜…

                                Hey guys!

                                I'll jump in here and clarify a bit. πŸ”

                                We removed the pay button from the Savings Goal account, because we know from experience and testing that adding a few virtual barriers really helps people save towards their goals.

                                The barrier of having to withdraw everything at once is quite a big one, and we've seen it help people stop themselves from dipping into the account. That means they keep working to achieve their actual goal. πŸŽ‰

                                I heard a really good analogy from @Samantha, who described Savings Goals and Auto Save as a "Personal Trainer for your savings habits". πŸ’ͺ

                                The other side is that there are times in life when you just have to dip into your savings. Something happens unexpectedly and that thing becomes more important than the goal you were previously saving for.

                                So we made sure it's always possible to pay with your savings goal. You can do that through the normal payment flow, connect your card to it, accept requests, pay with iDeal etc. πŸ‘

                                If you haven't yet achieved your goal when you pay with your Savings Goal, we will remind you of your goal just to make sure.

                                Let me know if you have any other questions you'd love answered! 🌈

                                Cheers,
                                Tom