Personal contributions allow you to top up your funding or pay for services not covered by it. To do this, you set a fixed amount that is debited from your bank account each month and rolls over until it’s spent.
It is a great way to make sure you are never caught off guard by an unexpected invoice.
Managed completely by you, you can increase or decrease the amount if needed. Making it simple, flexible, and completely in your hands.
Steps to setting up personal contributions
- Log in to your HomeMade account
- Select Account
- Select Payment Information
- Choose Add a personal contribution
- Follow the prompts to authorise and set your monthly payment
- Complete the direct debit form that is emailed to you
How do my monthly limits work?
The amount depends on the limit you set and the amount you spent in the previous month.
For example, with a $500 monthly limit:
- If you spent the full $500 in January, we will debit $500 in February.
- If you only spent $200 in January, we will debit $200 in February to top you back up to $500.
Can I stop or pause personal contributions?
Yes. You can update, reduce, or remove your personal contribution at any time through your account. Any unused personal contributions will be returned to you.