Saving rules help you contribute to your pension automatically, without having to think about it. Here's how they work.
Available saving rules
Chest offers five saving rules you can activate:
Round-ups Every time you make a purchase, we round it up to the nearest pound and save the difference. Buy a coffee for £2.80, and we'll save 20p.
Pound-ups Adds an extra £1 to your savings for every transaction you make. Buy something for £2.80, and we'll save £1.
Monthly Depositor Set a fixed amount to save each month. You choose the amount that works for you.
No-Spend Challenge Set an amount to save for each day you don't spend anything. A great way to reward yourself for mindful spending.
Chestflix and Chill Save the equivalent of a streaming subscription each month. If you're cutting back on subscriptions, put that money toward your future instead.
How to activate a saving rule
Go to the Saving Rules section in the app
Select the rule you want to activate
Customise settings if available (e.g., your monthly amount)
Confirm activation
You'll need an active Open Banking connection for rules that track your spending (round-ups, pound-ups, no-spend challenge).
When savings are collected
Your saving rules run throughout the week, calculating what you owe based on your activity. Each week, we collect the total via Direct Debit and contribute it to your pension. Contributions are then invested in your chosen fund, which can take a few additional days.
Pausing or stopping rules
You can pause or turn off any saving rule at any time. Go to Saving Rules, select the rule, and tap to pause or deactivate. Pausing a rule means it won't calculate new savings, but any pending savings will still be collected.
Still need help?
If you have questions about saving rules, contact us at hello@joinchest.com.