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How do I withdraw from my Notice Saver account?
How do I withdraw from my Notice Saver account?
Lovelyn avatar
Written by Lovelyn
Updated over a week ago

To withdraw money from your Notice Saver account to the Kernel wallet, follow these steps:

Step 3: Navigate to the 'Save' tab in the main menu.
Step 4: Click on the account, titled 'Notice Saver', a drawer will open.

Step 5: Click the 'Withdraw' button then follow the prompts to allocate the amount you would like to withdraw to your wallet. This will start the 34-day notice period.

Please note: When you choose the “maximum” withdrawal amount, there will be accrued but unpaid interest that is paid into your Notice Saver account, leaving you with about a month’s worth of interest as your balance.

After approximately 34 calendar days the money will be deposited into your Kernel wallet. It may vary slightly due to weekends and public holidays.

If you need to place a full withdrawal including accrued interest you can reach out to us at support@kernelwealth.co.nz to request this.

Closing your Notice Saver account

If you no longer wish to use your Notice Saver, you can leave it open and unused. There are no fees associated with the Notice Saver account.

If you would like to proceed with closing your account, it's important to note that you will be unable to reopen a Notice Saver account again in the future using this Kernel account (and corresponding email address).

To continue closing your account, please email through a request to our team at support@kernelwealth.co.nz.

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