New System

[st39.6]

OH THIS IS BLOODY DIFICULT


Checking: 10.21 Credits | Savings: 0 Credits | Rating: 0
Transfer Checking to Savings Savings to Checking
Reason

Amount 1% Fee
Minimum savings of 1.00 Credits required for 10% interest every 7 days. Deposits require pending time of 0 days before interest accrues, or a 0% early withdrawal fee applies. Deposits may be moderated. Maximum savings of Unlimited Credits allowed. Transaction fee of 1% applies on all transfers.


So savings is like deposit before? And that 1% fee for each transaction is like when I deposit 10, I pay 0.1 point for depositing? What does Rating mean?
Sorry. my english sux when it comes to bank and administration stuff

[Jean-Pierre Bazinet]

OH THIS IS BLOODY DIFICULT


Checking: 10.21 Credits | Savings: 0 Credits | Rating: 0
Transfer Checking to Savings Savings to Checking
Reason

Amount 1% Fee
Minimum savings of 1.00 Credits required for 10% interest every 7 days. Deposits require pending time of 0 days before interest accrues, or a 0% early withdrawal fee applies. Deposits may be moderated. Maximum savings of Unlimited Credits allowed. Transaction fee of 1% applies on all transfers.


So savings is like deposit before? And that 1% fee for each transaction is like when I deposit 10, I pay 0.1 point for depositing? What does Rating mean?
Sorry. my english sux when it comes to bank and administration stuff

Yep. You got it right.
Rating, or Credit Score is a seperate (private) ranking from 0 - 100 that tells the system wether you are a 'good' user or 'bad' user.
Failing to repay a loan and getting infractions lowers your rating, and keeps you from buying stuff in the future (when it gets too low).

[Haazhel_Thorn]

How this "Savings"-system work?
Yesterday I started with 10 points and I put 4 + 5 points to savings. Today I have 6.63 points by "Checking" and 4.40 points by "Savings". But it must 9 or 8.x points in "Savings". Where are the points?

[Jean-Pierre Bazinet]

Not sure I follow... you made 2 deposits into savings? 4 and 5?
It looks like your 4 went through and your 5 didn't.
You got the 10% credit on the 4 (this is supposed to be every 7 days, but we accidently had it setup up for 1 day instead) and now have 4.40.

[Haazhel_Thorn]

Not sure I follow... you made 2 deposits into savings? 4 and 5?

Yes. My first try was with 10 points, but I get an Error-Message. "Not enough to do this" or so. So I try 5 points, it works and again with 5 points. Error message again. Next try with 4 points.

It looks like your 4 went through and your 5 didn't.

It looks like that.

Here is a screenshot. Maybe it has something to do with the Reason/Comment?