What is Pouch?
Pouch is a way to organise money on Grey, a dedicated space within your account for specific goals. You can create one or several, name them after your goals, and grow them through round-ups or by adding money directly.
Which currencies can I keep?
USD, GBP or EUR. You can hold in any of them without converting first.
What are round-ups?
Roundups sweep the spare change from your Grey card purchases into your pouch. A $47.20 purchase rounds up $0.80. The minimum transaction is $1.
Do I need a new app or account to use Pouch?
No. Pouch works within your existing Grey account. There’s nothing new to download or set up.
Is there a minimum to create a Pouch?
$10, €10, or £10 to create and fund. After that, top-ups start from $0.01.
Can I have more than one Pouch?
Yes. Create as many as you need, each with its own name and currency.
Can I take money out of a Pouch whenever I want?
Yes, you can. Withdrawals go back to your Grey balance in the same currency. No lock-in, no penalties.
Does Pouch pay interest?
Not at this time. Pouch currently helps you organise and hold funds in the currency you choose.
How is Grey Pouch different from a savings account?
Grey Pouch is a sub-wallet inside your Grey account. It is not a bank savings account. It lets you split your balance into named goals without moving money out of Grey.
Learn how to create and fund your pouch here. Feel free to contact [email protected] if you need any help.