Why do you charge a fee for being in a Circle and how much is it?

Why do you charge a fee for being in a Circle and how much is it?

The fee is paid at the same time as your monthly savings contribution. No fee is charged on the pre-paid month(s).. 


We charge a fee so that we can provide you with an excellent and efficient experience. Carbon is providing the infrastructure and guaranteeing that you will be paid as long as you stay up to date with your payments, even if the other participants in your group do not. Plus everything is seamlessly integrated with your Carbon account so you don’t have to worry about manually making payments. 

    • Related Articles

    • Why should I join a Carbon Circle?

      Research shows that people who save in groups are 300% more likely to hit their goal than those who save alone. You might be familiar with offline Ajo, but this digital version takes the hassle out of organizing a group yourself, dealing with ...
    • When will I be drawn on Carbon Circle?

      Every month on the 7th of the month it's Draw Day at Carbon HQ. One member of each Circle is selected at random from those who are eligible to be awarded the Draw Total. There is no guarantee of when you will be drawn during the duration of the ...
    • 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 ...
    • Carbon Circles

      What is Carbon Circles? Carbon Circles is a digitized monthly contribution otherwise known as Esusu or Ajo. It allows you save funds monthly and you are matched with different people who also have the same financial goal as you. On the 7th day of ...
    • Where do I go to join a Circle and/or see information about the Circles I have joined?

      You can reach your Circles dashboard by clicking the Quick Access icon on the Carbon app or in the Payments section from the bottom panel. If you have already joined a Circle, you will be taken to the Circles dashboard where you can: See the status ...