Moneyboxes
Moneyboxes in IKO facilitate saving money for an item of your choice: travel, bike or a dream gadget.
- There are two types of moneybox available - virtual moneyboxes and PLN moneyboxes in the savings account
- There are no fees for creating and maintaining moneyboxes.
- You can deposit money in your moneybox as often as you want. The money deposited in the moneybox is not blocked - you can use them freely for standard operations on your account.
- IKO will remind you about moneybox deposits so as to achieve the intended purpose of saving.
- Each moneybox may be broken at any moment.
Virtual Moneybox
- Maximum number of active moneyboxes:
You can have up to 5 active moneyboxes of this type. - Association with other products in the bank:
A virtual moneybox will help you set aside money using the funds held in your savings and bank accounts and savings accounts in PLN held with the bank. - Value of a moneybox vs. account balance:
If you set up a virtual moneybox, the money allocated to it is not blocked in the accounts you have held with the bank and it does not constitute an additional balance. If you break such a moneybox, the balance of your funds held with the bank will not grow. Consequently, if the balance of your accounts decreases, the funds allocated to the moneyboxes may decrease as well. - Supplying a moneybox:
You can supply money to the moneybox at any time interval and in any amount. Just go to “My Bank” > “Moneyboxes”, tap one of the moneyboxs and then “Supply”. - Editing a moneybox:
You can edit a moneybox opening its properties from the context menu of the moneybox.
Moneybox connected with Savings Account
- Maximum number of active moneyboxes:
You can have up to 5 active moneyboxes of this type, one for each savings account. - Association with other products in the bank:
A moneybox can be established within a selected PLN savings account held with PKO Bank Polski. - Value of a moneybox vs. account balance:
The balance of the savings account in which the moneybox was established reflects the value of the moneybox. The termination of the moneybox in the savings account will not change its balance. - Supplying a moneybox:
You can supply the moneybox with money transfers or set up a standing order to credit the account to which the moneybox is linked. - Editing a moneybox:
You can edit a moneybox after opening its properties from the context menu of the moneybox.
- Maximum number of active moneyboxes:
How to create a virtual money box?
1. Go to the IKO menu and select, in order: My bank > Money boxes.
2. Click Create a money box.
3. Select a savings category.
4. Determine the money box parameters: name, image, target amount which you want to save, the savings end date, and confirm the changes.
5. The application will confirm the creation of a money box.
6. The application will only display your new money box in the tab Money boxes in the section My bank and on the IKO dashboard.
How to create a money box for an account?
1. Go to the IKO menu and select, in order: My bank > Accounts.
2. Click Add a goal in the description of a savings account in PLN.
3. Select a savings category.
4. Determine the money box parameters: name, image, target amount (higher than the current balance of the savings account) which you want to save, the savings end date, and confirm the changes.
5. The application will confirm the creation of a money box.
6. The application will only display your new money box in the tab Accounts in the section My bank.
See the frequently asked questions concerning the use of IKO mobile app or check our IKO guide (PDF)