If you’d like to update the minimum balance (also known as Balance Protection) for your financial goal, follow the steps below.
How to edit your minimum balance from the mobile app:
Head to the Dashboard tab in the bottom left corner of the app
Scroll to Savings and select the Financial Goal you'd like to update.
In the top right corner, click the three dots (...) to open the Goal Options menu.
Select Edit Goal.
Scroll down to the Balance Protection section and adjust the amount.
Note: The Balance Protection amount must be set to a minimum of $200, but you can choose any amount above that.
After making your adjustments, click Save Goal to confirm the changes.
Once you’ve saved your changes, your new Balance Protection amount will be updated in the app, and you’re good to go!
Please note: Setting a minimum account balance for deposits into your Financial Goal plan is available exclusively on our mobile app - this feature is not available to complete the above instructions on our website, Rocketmoney.com.