Q: How can I add funds to my Savings Envelope and start saving money?

Log into the myWisely ® app or mywisely.com . Select Savings. Then Select Add Money and type in the amount that you would like to save. While funds moved to your envelope will no longer be in your available balance, you can always move them back. Note: The Savings Envelope is not a savings account and does not earn interest.

Q: Is the Savings Envelope a savings account? Does it earn interest?

The Savings Envelope is part of your Wisely ® account. It is not a savings account, and it does not earn interest.

Question 1

As a secondary cardholder, can I set up my Savings Envelope?

Accepted Answer

No, only primary cardholders are eligible to use Savings Envelopes in the myWisely^® app. If you have a secondary card, you will not be able to access this feature.

Question 2

Can I automate my savings in my Savings Envelope?

Accepted Answer

Yes! You can automate savings in your Savings Envelope. In the myWisely^® app or mywisely.com, you can tell us to automatically move a specific dollar amount each month, or a dollar amount or percentage of each paycheck.

You can turn this feature on or off at any time.

Question 3

How can I add funds to my Savings Envelope and start saving money?

Accepted Answer

Log into the myWisely^® app or mywisely.com.
Select Savings.
Then Select Add Money and type in the amount that you would like to save.

While funds moved to your envelope will no longer be in your available balance, you can always move them back.

Note: The Savings Envelope is not a savings account and does not earn interest.

Question 4

Is the Savings Envelope a savings account? Does it earn interest?

Accepted Answer

The Savings Envelope is part of your Wisely^® account. It is not a savings account, and it does not earn interest.

Question 5

Is there a limit to how much can be added to my Savings Envelope?

Accepted Answer

Your Savings Envelope is limited to the “maximum card balance at any time” for your Wisely^® account. See your Limits Table document for more details.