What is Draw day? How does it work?

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• How does the draw work - Draw logic

  Random draw among eligible participants in each Circle. Eligibility: All participants who are up to date with their payments and have not already been drawn are eligible to be drawn

• I don’t understand the Circles product. What is a Circle? How does it work?

  Overview Carbon Circles is a digital ajo that helps you reach your financial goals faster where everyone contributes the same amount each month. Every month one person in the Circle is awarded the total. Everyone continues to contribute the same ...

• Important dates in Circles Monthly payments

  1st day of the month - Regular pay ins. The monthly payment amount and the fee will be automatically debited from your account for each Circle that you are in. 3rd day of the month - Catch up payment for the monthly amount and fee will be attempted ...

• I’ve been drawn today, when will I get my money?

  Congratulations on being drawn! After the draw day happens on the 7th day, the payout happens on the 8th of the month and they will be automatically deposited into your account.

• I was debited on the (between 25th-30th), why was i debited again on the first day of the new month.

  The way Carbon Circles works is payments are recorded on a monthly basis. If you join Carbon Circles in a certain month and were debited for your prepayment that month, your first contribution will be taken in on the 1st of the next month. That ...