Circle management
Contributions and payouts
How each round works from collection to payout.
Each round
- Every member pays the same contribution on the agreed day, collected by Direct Debit.
- About 3 working days after collection, the whole pot is paid to the member whose turn it is.
- The next round starts and the turn moves to the next member.
Paid in full
The platform fee is charged on top of each contribution and is never taken from the pot. If the pot is £3,000, the member whose turn it is receives £3,000.
Platform fee: a flat amount per contribution
Your payout is paid in full. The fee is never taken from it.
Read moreYour turn
You receive the pot when it is your turn in the agreed order. The order is shown to everyone in the circle.