Does anyone know if the ebucks savings requirement resets?
I had to disinvest funds in my savings account, just wondering if I have to start over or start at the amount which I took out to climb a level next month?
If I am understanding you correctly, this is my input on this.
Let's say you had R10000.00 at the start of July. At some point in July you withdrew, let's say R5000.00, leaving you with a balance of R5000.00.
Your overall savings did NOT grow by "X" amount during the month. You will not earn the points for July.
August rolls around and your balance is R5000.00 (left over from July). You transfer "X" into your savings and don't make any other changes to the account for the entire month of August.
You will earn the points during August as you met the grow your savings requirement.
"X" in this example is the amount by which your savings must grow each month according to your account type.
This is the way I understand this rule and has worked for me as described above.