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Savings goal

Reach your dreams with clear savings goals. Create and easily track the progress of your savings.

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  • Easy to set up

  • Get motivated to reach your dreams

  • Full overview of your savings in mobile and online banking

Fun saving schemes have become savings goals

Fun saving schemes have been changed to savings goals, where we improve functionality and make it easier to create and follow savings goals. In addition, you will experience other changes such as:

  • Savings goals are no longer displayed in the SPARE app, but only in mobile banking.
  • Shared savings goals are being removed
  • Children under 18 years cannot create new savings goals
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What are savings goals?

Savings goals are a simple and smart way to save, so that you reach your savings targets more quickly. You choose what you want to save for, such as travel, a car, hobbies or a buffer account. You set a specific amount and a deadline for when you want to reach your goal.

With Savings Goal, you get an overview and motivation, and you can track your progress with a clear progress bar. When you reach your goal, we celebrate with you because small milestones make saving more inspiring.

How does Savings Goal work?

You create a Savings Goal for something you want – then you choose an amount and time horizon, and decide how you want to save.

  • Card – save a little every time you use your card
  • Fixed transfer– set up a fixed amount each month
  • Bill– save a little every time you pay a bill

You see your progress along the way and receive encouraging messages at various milestones for your savings goal. It is simple, motivating and gives you full control over your Savings Goals.

How to set up your savings goal

Create a savings goal in online banking

Before setting up a savings goal, it is wise to think through what you are saving for, when you want to reach your goal, how much you want to save and how you will do it. A clear goal makes saving easier and more motivating.

  • 1. Log in to online banking with BankID.

  • 2. Select Savings and investments in everyday banking → Savings → Savings goal.

  • 3. Select a savings goal, either from the list or create your own.

  • 4. Choose a name for the savings goal and the savings account to be used.

  • 5. Choose the amount and deadline for when you wish to reach your savings goal.

  • 6. Track your progress with the progress bar.

  • Celebration when the savings goal is reached.

Create a Savings Goal in the Mobile Bank

Before you set up a savings goal, it is wise to think through what you are saving for, when you wish to reach the goal, how much you want to save and how you will do it. A clear goal makes saving easier and more motivating.

  • 1. Log in to the mobile bank

  • 2. Go to Savings

  • 3. Click on "New goal" and select a goal from the list or create your own.

  • 4. Choose a name for the savings goal and the savings account to be used.

  • 5. Choose the amount and deadline for when you want to reach your savings goal.

  • 6. Track your progress with a progress bar.

  • Celebration when the goal is reached.

DNB MobilbankDownload

Get an overview in the mobile banking app

View your savings goals easily in the mobile banking app. Here you can create new savings goals, track progress and make changes to your savings goals.

Download the mobile banking app

Get started with a savings scheme

Let your savings happen automatically with a savings scheme. You decide how much and how often you want to save, and you can cancel the savings agreement at any time.

Get started with a savings scheme

Frequently asked questions about savings goals

Can I have multiple savings goals at the same time?

Yes, you can create as many savings goals as you wish. Many people choose to have one goal for a buffer fund, one for holidays and one for something they dream about. You get a full overview both in the online bank and in the app.

Which methods can I use to save with a savings goal?

You can choose three methods to save towards your savings goal. These are by card usage, standing orders and by paying a bill.

  • Card: Each time you use your card, a small amount is set aside for your savings goal.
  • Standing order: A fixed amount is automatically deducted each month.
  • Bill: Pay a "bill" to yourself whenever you wish.

You can combine the methods so that your savings grow even faster.

Can I change the amount I save?

Yes, you can adjust the savings amount at any time. You can also pause your savings if you need to.

Can I choose a savings account?

Yes, you can choose an existing savings account. If you prefer, a new ordinary savings account can be created for each savings goal. This costs you nothing, and there are no restrictions on the savings account.

You therefore cannot choosePluss Savings Account, BSU home savings scheme for young people, Fixed-rate deposit or Children's Savings Account.

Can I have multiple savings goals on the same savings account?

No. There is only one savings goal per savings account. If you already have a savings account, you can use it for one of your savings goals. If you want to have multiple savings goals, you need a separate account.

Can children under 18 have a savings goal?

Yes, children can have their own savings goals. As a parent, you create the goal and follow the progress together with your child. This is a great way to teach children about saving.

How do I track progress towards my goal?

You can see all developments in the online bank and in the mobile banking app. Here you will see a clear overview of your savings progress towards the goal, in addition to the end date, history and tips that make it easier to reach your savings goal.

What happens when I reach my savings goal?

When you have saved the full amount, you will receive a notification in the mobile bank. You can choose whether to use the money immediately or continue saving if your savings goal has changed or you need a higher amount.

Can I have shared savings goals with others?

No. It is not possible to have shared savings goals with others, but you can both have your own savings goals for a shared dream.

Agree on a time horizon, amount and purpose, and you are almost a shared savings goal.

How long can I have my savings goal?

There is no limit to how long you can have a savings goal, but if you are saving for more than three years, there are better savings options available for you.

For home savings, we recommend saving inBSU home savings scheme for young people, and for long-term savings of 6 years or more, we recommend Funds.