What is a time deposit?
A time deposit (fixed deposit) lets you earn a fixed interest rate by committing your funds for a chosen term—e.g. 30 days, 90 days, or 1 year. The longer the term, the higher the rate is typically.
How to open one
- Go to Investments or Savings → Time Deposit.
- Select the amount and term. Review the interest rate and maturity date.
- Confirm with your passcode or biometrics. Funds will be debited from your wallet.
- At maturity, principal and interest are credited back to your wallet unless you choose to renew.