Setting up a recurring deposit in the Beanstox App can be done in a few easy steps and can set you up for a future of Seriously Simple Investing!
Note: To set up recurring deposits, you should already have your bank account linked. If you haven’t done that yet, read our article Can I link multiple banks or funding sources? or How do I open a Beanstox account? to complete that step first.
Creating a Recurring Deposit
Follow the steps below:
1. Tap the Invest tab
2. Tap the Recurring button
3. Set the recurring deposit amount you would like to invest
4. Select to set the frequency of your recurring deposit
5. Tap the Confirm button to save your new recurring deposit
6. Tap Set recurring
Note: if you would like to cancel your recurring deposit, tap the “Stop Recurring Investment” below the “Change” button.