Features and Terms
Names and description of features in Qoins and common terms seen throughout the app!v
Roundups are the "spare change" collected from your transactions. Each day, we pull in your cleared (not pending) transactions and round them up t...
Thu, 11 Apr, 2019 at 1:46 PM
A roundup account is where we pull your transaction history from to make roundups. This account can be a checking, savings, or even credit account. Each tra...
Thu, 11 Apr, 2019 at 2:12 PM
A funding source is the account where withdrawals are taken from; a linked checking account. A funding source does have to be a checking account, it cannot ...
Thu, 11 Apr, 2019 at 2:19 PM
A debt account is where your payments are sent to. This can be a credit card, student loan, auto loan, mortgage, etc. To add a debt account you would need a...
Thu, 11 Apr, 2019 at 2:22 PM
An upcoming payment account (sometimes referred to as just a payment account) consists of both a contribution method and a debt account. You can have m...
Thu, 11 Apr, 2019 at 2:26 PM
A contribution method is the feature you select to make contributions towards your debt. You can either choose to roundup your transactions from a linked ro...
Thu, 11 Apr, 2019 at 2:56 PM
A withdrawal is the amount taken out of your funding source as a contribution towards your debt. Withdrawals come out in increments of $5+ Once your rou...
Thu, 11 Apr, 2019 at 2:38 PM
Our Smart Savings feature allows you to contribute towards your debt without Qoins needing to access your transactions. This means you do not need to link y...
Thu, 11 Apr, 2019 at 2:44 PM