Savings Planner

Track expenses safely and easily, plan personal finances and achieve your saving goal

Terms and Conditions of Savings Planner will be updated with effect from 16 May 2020. Learn more

Overview
Saving Planner

Savings Planner is an expense tracker that lets you track monthly expenses, plan your finances and develop saving habits effortlessly. Enable it on Hang Seng Personal Banking mobile app (the "mobile app") for free to take the first step towards your saving goal.

Key features

Establish your saving habits by setting up a saving goal and tracking expenses closely with Savings Planner. Reach your saving goal with ease.

Savings Planner imports your expenses from your Hang Seng accounts and credit cards automatically to help you better track and monitor your monthly expense, facilitate effective financial planning.

Easily view your monthly expenses distribution and gain better insight into your spending patterns, to develop good saving habits.

Savings Planner provides monthly summary reports to help you keep track of the progress towards your saving goal whether you are on track or have overspent.

Savings Planner allows you to take full control of your personal finances, such as by ignoring or splitting any expense which has already been imported. You can even add new expenses manually to get a comprehensive view of your monthly expenses.

How it works
Set up a savings plan
Step 1
Choose a stock from Watchlist, or simply click “Quick Buy” on quick menu
FAQs

General questions

Savings Planner is a free expense tracker service available to Hang Seng Personal e-Banking customers.


Once you have downloaded the mobile app, log on to Personal e-Banking and select the ”Savings Planner” under “Account Services” in the main menu.

You can start a new savings plan if your current plan no longer suits you. You can visit “My Plan” → “Reset your plan” to start a new plan.

Please note that once you have started a new plan, all the data from your previous plan will be removed and cannot be retrieved again.

The following types of Hong Kong Dollar accounts will be automatically linked to your savings plan to track your expenses (if applicable):

  1. Sole-named personal Hang Seng Accounts, including:
    • Prestige Signature
    • Prestige Banking
    • Preferred Banking
    • Green Banking
    • Integrated Account
    • Hong Kong Dollar Statement Savings / Current Account
  2. Hang Seng Credit Cards and Spending Cards, except:
    • Renminbi Credit Cards
    • Business Cards
    • Commercial Cards
    • USD Visa Gold Cards

Your newly opened accounts and credit cards (if eligible) will be automatically linked to your savings plan and you will receive a related notification when you enter the plan.

Sure. Your Hang Seng credit card expenses will be automatically linked to your savings plan.

After setting up a savings plan, you can view the following plan details at “My plan” by tapping your plan name on the landing page:

  • Overall savings target
  • Plan duration
  • Plan start date and end date
  • Monthly income
  • Monthly spending limit
  • Monthly savings target
  • Accounts and credit cards linked to your savings plan

Yes, you can change the plan name after setting up a savings plan by clicking “Edit” icon in “My Plan.

Expenses related questions

“Available to spend” is the amount you can spend monthly, and it will be reduced according to your expenses.

Depending on your previous month’s spending, this amount will be adjusted accordingly at the beginning of each month.

You can add expenses manually by clicking “Add” on “My Expenses” to any day within your savings plan.

You can view your current month expenses in “My expense”. You can also filter your expenses by a particular period or a specific date upon the start of your savings plan.

Yes, you can filter out a particular category or more than one categories. You can also view your list of ignored expenses by using filter function.

You can edit the amount and category of an expense that is automatically imported from your account or credit card.

If it’s a manually added expense, you can also edit the description and date.

If you do not want to include a specific expense in your savings plan, you can always choose to ignore it. Once ignored, this expense will be excluded from your total expense.

To revert an expense, simply tap on “Edit” next to the ignored expense and select “Revert ignored expense”.

Savings progress related questions

The overall savings progress will be updated on a monthly basis based on your spending status in previous month.

When a month ended, you will receive your latest monthly summary report upon your first log on to the savings plan.

Savings Planner will provide you with a summary report on a monthly basis to help you better understand your spending status. If you are in almost overspend or overspent situation, Savings Planner will adjust your upcoming savings target automatically to keep you heading towards your savings target.

Savings Planner will let you know whether your savings target has been achieved and provide an expense summary upon completion.