Quick Summary
New Zealanders can add money to their Sharesies Spend account by transferring funds directly from their bank account using the unique bank account details provided in their Sharesies app. This ensures your funds are readily available for spending and any associated Investback opportunities.
Details
Funding Your Sharesies Spend Account
Adding money to your Sharesies Spend account is a straightforward process designed for convenience for New Zealand users. The primary method involves making a bank transfer.
Here’s how it generally works:
- Find Your Spend Account Details: Log in to your Sharesies account via the app or website. Navigate to the 'Spend' section and locate your unique bank account details. This usually includes an account number and a specific reference to ensure the money goes into your Spend account, not your investment wallet.
- Initiate Bank Transfer: Log into your personal New Zealand bank's online banking platform or mobile app.
- Set Up a New Payee: Add Sharesies as a new payee using the bank account details you found in your Spend account section.
- Transfer Funds: Enter the amount you wish to transfer and process the payment. It's crucial to include the correct reference so Sharesies can allocate the funds to your Spend account.
Transfers from NZ bank accounts typically process within a few hours on business days, sometimes instantly depending on your bank. Ensure you always double-check the details before confirming the transfer. This seamless process allows you to manage your everyday expenses directly from your Sharesies platform, potentially earning Investback on eligible purchases. For more information or to set up your Spend account, visit sharesies.com/r/P6DFSQ.