What is Accrue Savings?
Accrue Savings is a service that helps your customers save at the brand, category, or product level through an incentivized savings plan. Customers will earn cash rewards along the way for hitting savings milestones and their friends and family can also contribute to help them reach their purchase goal. After saving enough, customers can use their Accrue Savings account to purchase on your site, fee and credit free.
How do I get started?
Getting started with Accrue Savings is easy! Simply send us an email at email@example.com and someone from our team will contact you to begin.
How does integration with Accrue Savings work?
Accrue Savings makes implementation simple and straightforward for your various marketing channels. You can immediately offer Accrue Savings in your next email or social media campaign by hyperlinking a custom Accrue link in your CTA. We can also live on your product display pages alongside your existing payment options or on your website landing pages. The implementation process is designed to be flexible so you are reaching your customers at all touch points.
How does Accrue Savings work for my customers?
After selecting a product to save towards, your customers will be prompted to create an FDIC-insured account through Accrue Savings. Once completed, they will be brought to the Accrue Savings dashboard where they can begin their savings journey to unlock cash rewards to help them reach their goal. You can customize the savings journey so they are rewarded for reaching various milestones and for sharing their savings wallet with family and friends to request contributions. After they have reached their goal, they will receive a virtual Accrue Savings debit card preloaded with their deposits, contributions from family and friends, and earned rewards. Accrue Savings will link to the corresponding product page for the user to complete their desired purchase via your existing checkout flow.
What if my customer no longer wants to save with Accrue Savings?
If your customer changes their mind and no longer wishes to save using Accrue Savings, they can reach out to our team at firstname.lastname@example.org anytime and we can assist with withdrawing their deposits made during the savings journey. Customers who do not complete savings plans will forfeit any accrued rewards.
What reporting is available to me?
Accrue Savings will understand user behavior including customer savings plan progress, milestones, and product preferences over time by regularly sharing usage reports.