Curve introduces ‘Autopilot’ features to simplify money management in the UK26 Apr 2021
Suite of products that personalise and automate money management puts customers in the driving seat, post-lockdown.
London, 26 April 2021, Curve, the fintech that brings your cards into one smart card and an even smarter app, introduces today its stunning suite of Autopilot features that help customers take more control over their money management. This comes ahead of the next stage on the UK’s roadmap for the easing of lockdown on May 17th, when most social contact rules will be lifted and further afield to June 21st, when full physical restrictions are lifted.
Curve’s Autopilot features include the wonderfully named Anti-Embarrassment Mode. Here customers can decide which debit or credit cards serve as a backup, just in case their default card declines a transaction at the point of sale. At the queue at the local pub buying a round of drinks, getting a haircut, or shopping at a physical store after months of absence, customers can preserve their dignity with Curve automatically switching cards at the point of sale, if their default card doesn’t have enough funds.
Curve Cash Auto Spend
Using the Autopilot feature Curve Cash Auto Spend, customers can change their settings and automatically spend the cashback they already earn with Curve. Curve will take money straight from a Curve Cash balance when there are enough funds to cover the transaction.
Consumers can use the Curve card or app and take advantage of 1% cashback when they spend at top retailers and restaurants including Zara, Selfridges, H&M, Honest Burgers, Pret, Leon and Wahaca. Curve Metal customers can receive cashback from up to six merchants of their choice. All Curve Cash appears in a virtual Curve Card on the app, along with any promos and money sent from other people.
Curve’s Chief Operating Officer, Nathalie Oestmann said: “After a year of lockdown restrictions, consumer experiences and expectations have shifted hugely. They want their online experiences to be easy and delightful, and that’s the way it should be. At Curve, we’re laser-focussed on 24/7 innovation, and our Autopilot features give customers control at their fingertips, as they and much of the UK look to more fulfilling social interactions over the next few months.”
Anti-Embarrassment Mode and Curve Cash Auto Spend are available to customers in each of the 31 countries in which Curve operates.
Curve is currently trialling a highly-anticipated Autopilot feature that will allow customers to designate a specific bank card to a recurring payment or direct debit, and also select a payment rule according to an individual merchant. From monthly household bills like Netflix, to the weekly food shop at Tesco, consumers can take control of their spending, without the need to think ahead.
Curve is available to download now on iOS and Android.
Curve is a fintech that combines multiple cards and accounts into one smart card and even smarter app. The unique Curve card allows customers to supercharge their legacy bank accounts in to the 21st century without leaving their bank. Curve is live in 31 markets across the UK and Europe, and plans to launch in the US later in 2021.
Curve offers a host of benefits to its customers, including instant notifications and categorisation across their spend, the ability to fit their cards into Google Pay, Apple Pay and Samsung Pay, even if their banks don’t support this, and Curve’s patented Time Travel functionality, which enables customers to swap spend to a different card in the app for up to 30 days after the purchase was made.
Curve supports Mastercard® and Visa networks. The Curve Card and e-money, related to cards issued in the UK, is issued by Curve OS Limited, authorised in the UK by the Financial Conduct Authority to issue electronic money (firm reference number 900926). The Curve Card and e-money, related to cards issued in the EEA, is issued by Curve Europe UAB, authorised in Lithuania by the Bank of Lithuania (electronic money institution license No. 73 issued on 22 of October, 2020).
How we do cashback
Curve Cash doesn’t work quite like the paper stuff, but you can spend it just like the real stuff through Curve. Cashback is earned either in Curve points or e-money but your balance will always be shown in real currency. 1 point = £0.01. Cashback earned through 1% cashback or promotional activity is given in points. Cashback earned through Rewards may vary. If a refund is given in Curve Cash, it will always be given in e-money. Points can expire after 6 months while e-money is safeguarded and never expires.