Managing money can be challenging when your income is unpredictable. Whether you’re self-employed, work freelance gigs, or earn income that varies month to month, traditional savings accounts often don’t fit your lifestyle.
At Meerkat, we understand that life isn’t always steady, and your savings options shouldn’t be either. That’s why we offer flexible, affordable savings solutions designed especially for people with irregular or low incomes. Our products help you save safely and build a financial cushion without pressure or strict rules.
Why flexible savings are essential for irregular income earners
If your income varies, saving a fixed amount every month can feel impossible. Traditional savings accounts often require minimum monthly deposits or charge penalties for early withdrawals. This makes saving stressful or even discourages you from starting.
Flexible savings give you the freedom to:
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Save what you can, when you can - no fixed monthly contributions required.
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Withdraw money easily when you need it without penalties or long notice periods.
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Start saving with low minimum amounts, so you don’t need a lot of money upfront.
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Build savings gradually over time, even if your income fluctuates.
Who can benefit from flexible savings?
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Self-Employed and Freelancers: Your income may change week to week. Flexible savings let you adjust your deposits based on what you earn.
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Informal and Casual Workers: Daily or weekly earnings don’t fit traditional bank requirements, but flexible savings make managing money easier.
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Low-Income Earners: Start small and grow your savings without worrying about fees or penalties.
How Meerkat makes saving simple and accessible
We want to help everyone build better financial habits. That’s why our savings plan:
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Has no strict minimum monthly deposits - save according to your ability.
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Allows easy withdrawals so you can access your money in times of need.
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Features low minimum opening balances so you can get started immediately.
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It is mobile-friendly, so you can manage your savings anytime, anywhere.
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Comes with no hidden costs.
Start building your financial future today
Saving money isn’t just about putting cash aside; it’s about gaining peace of mind and preparing for whatever life throws your way. Meerkat’s flexible savings accounts let you take control of your money, without the stress of rigid rules.
Whether you’re saving for an emergency, a big purchase, or simply want to build good habits, Meerkat is here to support you.
Open your flexible savings plan today and save at your own pace. Because your income may be unpredictable, but your savings don’t have to be.
Frequently Asked Questions (FAQs)
Q: What is a flexible savings plan?
A: A flexible savings plan allows you to deposit and withdraw money as needed, without fixed monthly contributions or penalties, making it ideal for people with irregular income.
Q: Can I start saving with a low income?
A: Yes! Meerkat’s savings accounts have low minimum opening balances, so anyone can start saving regardless of income level.
Q: Are there fees for withdrawing money?
A: No. You can access your savings whenever you need to without penalties or complicated withdrawal rules.
Q: How is this savings plan good for self-employed people?
A: Since your income may fluctuate, you can save different amounts each month without being penalised or forced to stick to a fixed payment plan.
Q: Can I manage my savings account on my phone?
A: Yes, Meerkat offers a mobile-friendly platform so you can easily check your balance and withdraw funds anytime.