While a Redfrog mortgage works on the premise of putting all your money in just one account, you can still choose to view your savings separately if you wish.

Say you have some money saved up for a trip to Disneyland. When you open your Redfrog account, you may decide you want to continue to see this amount on its own, the way you would in a traditional savings account. With Redfrog virtual savings pots, you can. You might have a virtual savings pot called "vacation" for instance.

Virtual savings pots let you look at your money in a way that makes sense to you. View one large balance or several small ones. The choice is up to you. Transfers to and from these virtual savings pots can be done on the Redfrog Web site-but remember, you're really only changing the way things appear on your online statement.

Use virtual savings pots to set money aside for home repairs, vacations, tuition and other planned expenses.

« Back