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Can I withdraw from my Strict Mode saving plan?

Withdrawing restrictions on Strict Mode saving plans

myStash Support avatar
Written by myStash Support
Updated over 8 months ago

You cannot withdraw from a strict mode savings plan. Your funds are locked in until the maturity date. This means you cannot access your money or close your account before this time.

The strict mode saving plan is in place to help you reach specific financial goals, whether it's buying a car, saving for retirement, or building an emergency fund. Consistent saving over time, without withdraws, allows your money to grow through interest over time.

When creating a strict mode savings plan we advise you to create a plan that is realistic and adaptable to your lifestyle. The strict mode is in place to become self-disciplined in saving money and ultimately growing money long term. Unfortunately there are no circumstance where you may access the funds prior to maturity.

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