Automatic transfers are one of the easiest ways to build savings consistently. RMO makes it simple to schedule recurring transfers through MyRMO.
Setting Up a Recurring Transfer:
- Log in to MyRMO on the web or mobile app.
- Navigate to "Transfers & Payments" and select "Schedule a Transfer."
- Choose your funding account (e.g., your RMO checking account) and your destination savings account.
- Enter the transfer amount and select the frequency: weekly, biweekly, monthly, or a custom schedule.
- Set the start date and, optionally, an end date or a target savings goal.
- Review and confirm. Your scheduled transfer will appear under "Upcoming Transfers."
Tips for success:
- Align your transfer date with your payday so funds move into savings before you spend them.
- Start with a small amount you are comfortable with and increase it over time.
- Use the goal-tracking feature in MyRMO to monitor your progress toward milestones like an emergency fund or vacation.
You can edit or cancel a scheduled transfer at any time from the "Scheduled Transfers" section in MyRMO. If you have questions, schedule an appointment through MyRMO or by calling us to speak with an Expert.