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Micro Automation from Pearler Cash

Pearler Features

Hi Everyone, I've been investing with micro every so oftern with $50 deposit or more and I realise I could actually track the cost averaging better: like $10 dollar every single day of the year when the market is open. I understand you might be able to do so with a recuring transfer from bank account, but it's actually a bit annoying & painful, as you have to make sure everything fine from bank side & I had couple of time payments not going through (dunno why) so not as practicable. Also with the delay of 1 or 2 days for the money to come through + the 1 or 2 days of micro to happen... I was wondering, is there a way to load up the pearler cash account & get micro to invest every single open market day the a $XX amount ? That would be just much easier. I could not find the options Thanks

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Valentin B

Asked on 25 November 2022

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Dave Gow - Strong Money Australia

Investor

Tue, 29th November 2022

This is a really interesting question, I’d like to hear the answer to this too. I think there would be other investors who’d like to do this too (X amount per day).

Hopefully someone from Pearler can chime in on how it would work :)

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Cathy Sun

Pearler

Thu, 1st December 2022

Hi Valentin,

Autoinvesting using funds from your pearler cash account is not currently a feature we offer. The only way to achieve what you described would be setting up a recurring direct deposit from your own bank using your pearler BSB/ACN like you have already mentioned.

It is an interesting concept though, it would be great if you could bump or add it as a feature request so we can track interest on this effectively. 👍

We are always looking to improve and adapt based on our customer’s interests and challenges!

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