What is Boost?

Boost is a Build pot feature offered by Wagestream that allows you to reach your financial goals even faster.

If you are eligible, you will have a 5% AER (Annual Equivalent Rate) Boost applied to the balance in your Build pot, up to the maximum balance of £1000. 

Not all employers will offer Boost - please check your Wagestream app to see if you have the feature.

How it works

  • The 5% Boost rate is a fixed rate, meaning it does not change from day to day like a variable rate would.
    NOTE: Although the Boost rate is fixed, it may be subject to change in the future. We will notify you in advance if this rate changes.
  • This is an automatic feature: all you must do to receive a Boost is maintain a balance in your savings pot.
  • Your Boost amount is added on the 1st of each month. The amount you receive is calculated from your current daily balance throughout the previous month.
  • You may also choose to opt out of receiving a Boost. This can be accessed from the Settings page of the Build tab.
  • Your Build pot is safeguarded in the same manner as your Wagestream account.
    NOTE: The Wagestream team do not financially benefit from any Build pot participation or contributions. Our mission is simply to promote greater financial wellbeing through easily accessible tools.