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What are Recurring investments? How do they work?
What are Recurring investments? How do they work?

Is there a feature which will automatically schedule bond purchases for me?

Mary Sinisi avatar
Written by Mary Sinisi
Updated yesterday

Our 'Recurring investments' feature is just one of many ways Worthy can help you practice good financial hygiene. By scheduling recurring bond investments, you can tailor your bond purchases to meet your budget needs, with as little as $10 invested weekly, bi-weekly or even monthly. Ready to start investing?

To use this feature:

  1. Scroll down to the 'Recurring investments' widget or click on the icon with a calendar and egg (if on mobile)

  2. Select your amount of bonds and investment preferences

    1. You may customize your investment frequency, day of the week or month, and number of bonds to be purchased here

    2. Once you've selected your investment amount and frequency, select 'Continue'

  3. Select your recurring investment start-date

    1. You can select the day you want to start your recurring investments

      1. Note: If you select today's date, you will make your first recurring investment at the time of confirmation

    2. Once you’ve selected your start date s and ticked the box agreeing to our terms, click the 'Schedule bond investments' button.

  4. You’re all set! From here, you may toggle the feature on or off for a particular offering and edit your investment preferences.

When your recurring investment date arrives, the purchase amount is queued on your Worthy account. We will send you an email notifying that your Recurring investment date has arrived and you can approve the bond purchase directly from the email or by logging into the app. Once the purchase is confirmed, your investment gets transferred from your bank via ACH to our bank, and the bond(s) are issued to you when the final transfer clears (which can take up to five days).

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