What is a pocket?
A pocket is a subaccount within your MAJORITY account that helps you set money aside for a financial goal.
You can transfer money to and from your main account instantly and without limits.
Pockets do not have their own debit card or account number.
They do not generate interest or earnings.
Funds will not automatically move back to your main account if you overdraft.
How do I create a pocket?
Open your MAJORITY app.
Go to Wallet > Other accounts.
Select Open a pocket.
Give it a name (example: Vacation, New car).
✅ Your pocket opens instantly, with no fees or extra documentation.
Can I open more than one pocket?
Yes. You can currently open up to 3 pockets maximum.
Can I close or rename my pocket?
Close: Yes, as long as the balance is $0.00. You will see the Close option once you select the pocket.
Rename: Yes, you can rename your pocket as many times as you want. Just select the pocket and tap Rename pocket.
Can I make purchases, pay bills, or send money from a pocket?
No. Pockets are only for setting money aside.
You will not receive an additional debit card.
You cannot use them for purchases, bill payments, or money transfers.
To use the money, first transfer it to your main account.
Can I pay my membership fee with pocket funds?
Not directly.
If you want to use that money for your membership, transfer it from your pocket to your main account first.