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Top 10 things you can do on the Octopus Choice app

Posted on 14/05/2018, by Joe Jones

We want Octopus Choice to be as easy-to-use as possible. And that includes when you’re out and about. 

It’s why we launched the Octopus Choice iOS and Android apps – available on your phone or tablet – to make managing your accounts while on-the-go simple.

And there’s plenty you can do on them, too. Here’s our top ten:

1. Sign in with Touch ID

First up, you’ll want to log in. And you can do so with just your thumb.

Account security is top priority for us. But we know what a pain it can be having to input a long password every time you want to use your phone. As such, you’re able to log in to Octopus Choice using Apple’s Touch ID, or the Android fingerprint scanner. 

2. Check your interest

Everyone’s favourite bit. Get the latest figures on your interest, and when it’s due to be paid.

Of course, remember the value of an investment can fall as well as rise, and you may not get back the full amount you invest.

3. Invest on your mobile phone

There used to be a time when making an investment involved numerous forms and signatures. Now, you can invest securely from anywhere, using just your phone. You’re also able to invest using Apple Pay or Google Pay – potential returns literally at your fingertips.

4. Review your portfolio on our interactive map

Our interactive map means you can easily tour your portfolio of loans on your device. Don’t forget that because investments are concentrated in loans secured against property, they could be affected by market conditions.

5. Open an ISA

Opening an ISA can be a long, drawn-out process, to say the least. But, soon, with the Octopus Choice app you’ll be able to do so within just a few minutes, using only your device.

You should be aware that the Octopus Choice innovative finance ISA isn't a flexible ISA. Any withdrawals that you make from this year's money will still count towards your ISA allowance. Tax treatment is subject to change and depends on individual circumstances.

6. Manage your interest payments

By reinvesting your interest, you can aim to grow your investment quicker. On our app, doing so involves just the flick of a switch.

7. Monitor your transactions

Our transactions page is broken down into categories, so you can easily review the goings-on in your account.

8. Manage your account details

Whether you want to add bank details, or even a new debit card, you can get it done on the app.

9. Request a withdrawal

Now, we hope you won’t want to. But should you want to request a withdrawal then you can now easily do so on the go. Although, don’t forget, instant access to your money can't be guaranteed.

10. COMING SOON: create an account

We built our app initially for existing users. However, we’ve been working on allowing new investors to sign up, invest and manage their account exclusively from their device. Watch this space.