Once you're ready to start saving you'll be asked to choose how much you want to save automatically each week. The minimum amount when you're setting up is £5, but don’t worry you can decrease or increase the weekly amount from £0-£5,000 as you require after set up.

Next you'll need to set up a Direct Debit to allow for your weekly deposits to be taken. You'll need to provide your bank account holder name, number, sort code and address to set it up. 

Please note we currently do not allow joint accounts to be used with Yomo.

Once your Direct Debit mandate is set up your rewarding saving account will have started!

Our rewarding saving account exists to help people create a good saving habit. To do this we're encouraging people to save by rewarding them for progress. As you save you will unlock rewards at each saving milestone.

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