Public Bank Bhd has recently introduced a new mobile application, the PB Journey Mobile Application (PB Journey App) which aims to assist parents in inculcating a savings habit in their children and educating them on financial planning.
Maintain a WISE Savings Account for your children and sign up for PB engage to start your PB Journey App adventure!
The Journey App, which is specially designed for parents and children, comprises of two modules, the Pocket Money module and Goal Setting module where these features aim to create interactive learning between parents and children on the value of money and also achieving their savings goal.
Both parents and children can create a task under the Pocket Money module, whereby their children will be rewarded with Pocket Money as soon as they complete the task, whereas for the Goal Setting module, it allows children to set their savings goal by saving gradually during the goal tenure selected to achieve their targeted goal amount and earn interest.
The goal’s interest rate is calculated daily and credited monthly at attractive savings interest rates.
Parents are also able to monitor their children’s app activities including pocket money balance and goal savings progress via mobile banking, ie, PB engage.
This allows parents to have peace of mind and yet to allow children to have a sense of privacy on their financial status.
In addition, educational videos are available in the PB Journey App to educate children on financial planning and awareness on the importance of savings.
In conjunction with the introduction of the PB Journey App, Public Bank has also launched two campaigns for app users, namely, PB Journey APP Campaign and PB Journey Junior Savers Campaign offering attractive cash prizes and promotional interest rate for PLUS Fixed Deposit placement respectively.
To find out more about the PB Journey App and Campaigns, please go to www.pbebank.com or visit any Public Bank branch.
Public Bank is a Megabyte Partner of the Digital Financing: Powering a Ca$hless Economy Live Virtual Conference that was held on June 22 and 23, in commemoration of Star Media Group’s 50th Anniversary. Visit bit.ly/digifinplaylist to watch the sessions’ replay.