How is a Digit Investment account different from my other savings goals?

Personal savings goals

With your personal savings goals, you tell us what you want to save for, the amount you want to save, and your timeline for doing so. Then, Digit intelligently sets aside small amounts to reach your goals on time.

When you’ve reached your goal, your savings can be moved back to your linked checking account from Digit to be spent.

With these goals, the value of your money never changes: $1 saved is $1 to spend when you’ve reached your goal.


Investment accounts

Your Digit investment account is different because it is designed to grow your money over the long-term. To do this, every few days Digit will invest what it’s saved for your investment fund in a portfolio of ETFs.

When setting up an investing account, Digit will ask you a question to understand the level of risk you are comfortable with, then match you with a portfolio that is conservative, moderate, or aggressive based on how you answer.

The value of your portfolio will increase or decrease day-to-day depending on your portfolio. So, $1 invested doesn’t hold its value like $1 saved, and that’s the point.