What are the ways to tuck away money in Worthy Bonds.
For those of you who aren't familiar, worthy bonds offer 3 different ways to tuck money away and you can engage them right from your account's portfolio page.
"Recurring Investment" option which you can schedule investments monthly, daily or weekly.
"Round Ups" feature which allows our members to "round-up" the spare change from their daily purchases and then automatically buy a bond when their spare change reaches $10. As you keep spending, the app rounds off your purchases to the nearest whole number. The difference between this amount and the actual purchase amount is invested in Worthy Bonds. Here is a practical example of how it works. Suppose you purchase a coffee for $1.50 Worthy Bonds will track the change (that is $0.50). Suppose that you buy fast food the next day for $7.20. The Worthy Bonds app will again collect the change, which is $0.80. Worthy will keep collecting change until it reaches $10. It will then purchase a $10 bond with 5% interest and 3-year maturity but you can withdraw it anytime.
"Purchase bonds" manually by selecting our "Buy Bonds" feature. You can buy Worthy Bonds online via the free app. The app is available for both iOS and Android. It is easy to use, and has an intuitive interface. Once you create an account with the app, you can link your credit or debit card to this account.
PROS
No fees: The app is free to use. It's hard to beat that!
Great return on investment: 5% interest compared to just 1% or 2% you'll get with a savings account.
$10 minimum investment: This is perfect for new investors and makes it easy to get started. You likely won't feel like you're risking much with a $10 investment.
Interest credited Daily: This is a great opportunity to actually see your investment pay off, even if it's in a small way. If you like instant gratification, this should satisfy you.
Open to all investors: Big investors, small investors, low-income or high-income, even inexperienced investors can appreciate Worthy Bonds.
Suitable option for diversifying a portfolio: Diversification is important. If you put all your money into one investment there's a chance you could lose it all if something goes wrong. Worthy Bonds is a great addition to your portfolio as well as a great place to begin building one.
Easy to use: A free app to automate investments. Worthy Bonds does all the work for you.
Excellent customer service: There are several options here for you including live chat, phone, email and social media. Worthy Bonds offers customer support via live chat, phone, email, and social media. For live support, click the live chat icon on the support page. You can dial these numbers for phone support: 1-833-967-8491. You can also send them a message through email:support@worthybonds.com
Liquidity: Bond maturity is 36 months but you can withdraw any time. Your money is not locked up.
