At Reap, our focus is always to make payments and financial flows more efficient. In June, we introduced Reap Treasury to elevate user experience in managing money transfers.
By categorising your funds based on their intended purpose within Reap, Reap Treasury offers a comprehensive view of your assets. This feature presents three distinct balances: Reap Card, Reap Pay, and General.
While we received positive feedback on this feature, we also noted valuable insights from customers expressing the desire to circulate funds among our products.
Listening to your feedback, we are excited to announce that in August, we have implemented a new feature that enables you to seamlessly move funds across these three balances!
A quick recap on Reap Treasury balances
Reap Card: Exclusively used as collateral to unlock your credit limit for your Reap Card.
Reap Pay: Dedicated to funding payments via Reap Pay.
General: Serves as the central hub for managing your Reap funds effectively.
For more information: What is Reap Treasury?
How it works
You can use the ‘Move Funds’ feature in Reap Treasury to move assets from your General balance or Reap Pay balance into your Reap Card balance.
Transferring funds to your Reap Card balance will boost your Available balance and Credit limit.
Kindly note that at present, you cannot transfer funds from your Reap Card balance to the other balances.
How do I move funds between different Reap products?
To learn how to move funds across different products, check out the guide below: