How does it work?
Auto Transfer Rules allow Admin users to automate fund transfers from the Checking Account to the Cards Collateral Account whenever the balance is below a specified threshold.
If the Checking account has insufficient funds for the set transfer amount, only the available balance will be transferred.
How to set the Auto Transfer Rules
On your Aspire dashboard, click "Policies" in the left navigation bar (web app) or click "Menu" and choose "Policies" (mobile app).
Select “Auto Transfer Rules”.
Click "Edit" at the top of the page.
Under the “IF” section:
Select the Cards Collateral account.
The rule will default to “Less than”, meaning the transfer will be triggered when the balance falls below your specified amount.
Enter the minimum balance threshold.
Under the “THEN” section:
Select the Checking account
Specify the amount you’d like to transfer to top up the Cards Collateral Account.
Click “Update Policy” to save your changes.
How to Identify Auto Transfer Rule Transactions
Once set, the Auto Transfer Rule triggers when your Cards Collateral Account balance changes.
To identify these transactions, check the reference column in your Transactions list—it will be labelled “Auto-transfer.”
Questions? Chat with us by clicking on the messenger icon at the bottom right of the screen once you are logged in.