Consider the trigger before activating a Routine
A “trigger” is an event that occurs on your account that causes your Routine to run; in other words, it is what initiates the “action”.
Consider when you want the trigger and subsequent action to occur. Is it based on a transaction type or category, or on a specified date, or when a deposit account’s balance reaches a certain threshold?
Consider the action before activating a Routine
An “action” is the event/activity that occurs in response to the trigger that has been assigned to a Routine.
Consider what you want to automate based on your goals; i.e.; would you like to transfer funds to a savings Plan from your main account? Or, perhaps you’d prefer to transfer funds to a joint account, or to an external account.
Set your savings goals and build your Plans before building a Routine
Saving for a down payment on a home? A much-needed vacation? If you’re hoping to automate your savings, build your Savings Plan and set your savings goal before creating your Routine so you know what you want the trigger to be, when you want the action to occur, and what you want the action to do.
How can I edit a Routine?
You can edit a trigger or an action on each Routine on the Routines page in your account. Start by clicking on the three dots next to the Routine, then select ‘Edit.’
What are examples of transaction types and transaction description triggers?
When building a Routine, you can choose one of several different triggers; i.e., transaction type, transaction category, transaction description, a scheduled date, or the balance of the account. (Don’t worry, more triggers are coming!) In this section, we’ll discuss building a Routine that is triggered by a transaction posting to your deposit account (excluding transaction categories).
If you’d like to set aside a certain amount of every paycheck, or save your cashback rewards, select the trigger “transaction type”. Transaction type includes things like direct deposit, interest posting, or cashback rewards redemption. This means that when a transaction meets this transaction type, the designated action will occur. For example, to allocate a certain amount of each paycheck to be automatically transferred to a Plan, choose the transaction type ‘Direct Deposit.’
If the “transaction type” isn’t specific enough, you can use “transaction description”, which will draw from all listed transaction names (or merchant names) that have previously been posted to your deposit account. The available list of transaction descriptions are automatically populated, and you must select the one that you want from the drop down menu under “Description”.