What is The Vault?
Felicia Hansback avatar
Written by Felicia Hansback
Updated over a week ago

The Vault is a new savings function that helps children to be able to put money away. With the vault, the child can choose how much of the total on the Demo account/Bank account that can be used and how much should be saved.

This is something that does not affect the money in the child's real bank account, but is merely an educational savings function in Gimi.

If the child spends over their spending limit, they will receive a notification, prompting them to return funds from the Vault to correct the balance. However, the transaction is not stopped because the vault does not have a connection to the child's real bank account.

The Vault is now also visible in the parent app, so you as a parent can see how your child is using the Vault.

​This is the first version of our new feature Vault, so we are very grateful for feedback and improvement suggestions via our chat or at [email protected].

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