Space Piggy Banks | Space.ge

Simple way to save money

  • Deposit and withdraw cash whenever you’d like
  • Get the highest effective annual interest rate - 7.76%
  • Activate automatic saving rules

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    Manage your funds effortlessly, 24/7

    The Space piggy bank is essentially a deposit, which allows you absolute freedom to manage your funds. You are free to deposit or withdraw funds from your piggy bank anytime, free of charge or any changes with the interest accrued.

    Keep in mind that you can open Space piggy bank with 0 GEL and with no deposit period terms.
    The Space piggy bank offers you the highest 7.5% interest rate, which is the best offer you can get for flexible deposits. Keep in mind that you will earn interest each month and the effective annual interest rate is 7.76%.

    Reach your goals with Space

    With Space, you may activate up to 5 piggy banks with one or more goals at once. Set your goal amount and simply watch it accumulate.

    No extra fees

    Cash withdrawals from Space piggy banks are completely free of charge. You may transfer funds to your Space account anytime, without affecting annual interest rate and incurring extra fees.

    Keep in mind that we never charge for piggy bank set-up or service.

    Turn on automatic savings rules

    Upon each payment, a fixed amount will be deposited into your piggy bank.

    As you make a payment with your Space card, a fixed amount (0.5 GEL, 1 GEL, 2 Gel etc.) will be tossed directly into your piggy bank.

    1

    The amount for each payment will be rounded up and the balance will be transferred to your piggy bank

    For example, if lunch ends up costing you 11.60 GEL and you have activated this saving rule, Space will round up your payment to the nearest GEL amount, which in this case is 12, and transfer the balance of 0.4 GEL to your piggy bank. You are welcome to double, triple, quadruple, or quintuple the balance, so you can save faster as a result.

    2

    The amount set by you will be deposited into your piggy bank on a set date

    In this case, all you do is set the date and the amount you wish to deposit once a week or once a month. The amount will be deducted from your balance on your Space card or any other card on file in the Space app and deposited into your piggy bank.

    3

    You are welcome to choose one of the automatic savings rules available or activate all three of them at once.

    What should you keep in mind?

    For the time being, Space only allows saving in local currency (GEL). From January 1, 2018, Space participates in the deposit insurance system that is based on the Georgian law - "Deposit Insurance System". On the occasion of an insurance event, the Deposit Insurance Agency will ensure the reimbursement of deposits to depositors, up to the set limit - 15 000 GEL. The rest of the amount will be reimbursed in accordance with the current legislation. For more information you can visit the website of the LEPL - The Deposit Insurance Agency: www.diagency.ge

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