Yes, there is an early redeem fee if you choose to close your savings before it reaches the full term.
The fee percentage depends on how many days have passed since the savings was opened. The closer you are to the end date, the smaller the fee.
For example, if your savings has been active for 79 days out of 90, and you decide to close it now, a 1% fee on the initial investment will apply.
What do you get back?
Once closed early, you will receive:
- ✅ Your initial investment
- ✅ Profit earned up to this point
- ❌ Minus the early redeem fee
This fee is deducted only from the principal, not from the profit.
If you're not sure whether to redeem early, feel free to contact our support team for help.