Envelope community,
We're excited to share that our Fall 2024 update (Release 289) has officially dropped, bringing with it some of the most highly requested features from you—our amazing users! We've been listening closely to your feedback, and this release is all about making your experience smoother, smarter, and more convenient. Here’s what you can expect in the latest update:
1. Link and Transfer from an External Account with Plaid
You asked, and we delivered. Now you can easily link an external bank or brokerage account using Plaid and transfer money in and out of Envelope without any hassle. Whether initiating your first deposit into Envelope or investing for the future, we've got you covered.
2. Automatically Move Paychecks into Envelopes
Set it and forget it. With this new feature, you'll no longer need to tap into your paycheck to run your envelope transfers. You can now schedule automatic transfers to always run, so your finances are organized instantly, without lifting a finger.
3. Brand-New Transaction Detail Sheet, Map, and Info Tab
We're all about the details! The redesigned transaction detail sheet not only looks cleaner but also provides more context. You’ll now see transaction locations on a map and have quick access to additional information, making it easier to track where and when your spending happened.
4. Redesigned Envelope Creation & Editing
Creating and managing your envelopes has never been more intuitive. We’ve given the envelope design and editing tools a major refresh. It’s now simpler to customize your financial goals, so you can fine-tune your envelopes to fit your unique budgeting needs.
5. Insights in a New, Easy-to-Navigate Tab
The charts you love for analyzing your financial health have moved! They’re now housed in the new Insights Tab. This change streamlines the experience, giving you quick access to your spending trends, income breakdowns, and more in one convenient place.
At Envelope, we’re always evolving, thanks to your feedback. Financial management should be simple, and with this update, we hope you’ll find it even easier to reach your savings goals. Stay tuned for more updates, and keep sharing your thoughts with us.
You can access Envelope's Fall Update by updating your app in the App Store.
This announcement and these product features are not intended to constitute legal, tax, or financial advice; instead, all information, content, and materials available are for general informational purposes only. Results may vary.
The interest rate on your account will be 4.05% with an Annual Percentage Yield (APY) of 4.12%, and these rates are effective as of 9/19/24. This is a variable rate and is subject to change after the account is opened based on the Federal Funds Rate. Fees could affect earnings on the account
Envelope is a financial technology company and is not a bank. Banking services provided by Pacific West Bank, Member FDIC. Your funds are FDIC insured up to $250,000 through Pacific West Bank, Member FDIC. The Envelope Visa® Debit Card is issued by Pacific West Bank pursuant to a license from Visa U.S.A. Inc. and may be used anywhere Visa cards are accepted