The neon Spaces
With our new feature Spaces, you can now easily divide your neon money, put it aside or assign it to a purpose of your choice! In this blog article we explain how they work, show you what they can do and answer your questions in the Spaces FAQ.
How to move money to your Space
First of all, what are Spaces anyway?
You may remember a survey we sent out to our neon community in December 2021. In it, we needed help naming a feature that can have quite a few different names: Subaccounts, vaults, pots, or just: spaces! In the end, we decided on this name because it describes our product best and is also super easy to remember. But now to come back to the question in the title: Spaces are your way to subdivide the money in your neon account. So you don't have to have all your money in one place anymore, but you can easily move parts of it into your Spaces.
Where to find Spaces
Hold on: Before you start looking for them on your own, you should pay a visit to the App Store, Google Play Store or AppGallery. This is because you will only find Spaces in your neon app from version 3.0.0 onwards. Once the app has been updated, you can get started. To do so, go to «Transactions» in the neon app. If this area looks new to you, then everything worked with the update! On the top right you'll see them: Your Spaces.
How to create a Space
Click on «Spaces» to get to your Spaces overview. In order to use the feature, we'll set it up for you first. This should take about a minute. Once this is done, you can create your first Space. Just click on «Add Spaces». You can choose from ten icons that best fit the purpose of your Space and give it its own name. And just like that, your first Space is created! Up to 10 different Spaces are possible.
How to move money to your Space
Important: You can only move money between your main account and a Space. The amount you want to move to your Space must therefore first be available on your main account.
Open your Space and click on «Add money». Enter the desired amount and confirm. The money will now be deducted from your main account and added to your Space. The other way around is just as easy: Click on «Withdraw» to move money from your Space back to your main account. In your main account, a transfer will appear as a normal transaction, just like you know it from your other payments with neon. An overview of the movements per Space can be found in each Space.
How to keep the overview
At «Transactions» you always see the account balance of your main account. You can see the individual account balances of the Spaces when you open them. Your total assets, i.e. the money from your main account and all Spaces added together, can be found in the Spaces overview.
As mentioned, up to 10 different Spaces are possible. Within a Space you can close it by clicking on the cogwheel if you don't need it anymore. For this, the balance of the Space must be 0 CHF. Once a Space is closed, you cannot undo it. In the future you will also be able to change names or icons here.
You've got more questions about Spaces? Have a look at our FAQ.