p/astra
The automation platform for your finances
Gil Akos
Sweep Transfers for Astra — Auto transfer surplus funds without stretching your balance
Featured
20

Astra is the first to offer Sweep Transfers directly to consumers. Typically only available through private banking, “sweeps” automatically move funds from one account to another based on a predefined balance. Sweeps are just the latest advanced banking feature we are making available to everyone!

Replies
Charley Ma
congrats on the launch Gil! Been super excited to see you and team execute on getting new product features + updates out so quickly 😄
Gil Akos
@charleyma Thanks Charley!! We are definitely working hard to iterate on Astra so the app becomes more and more useful for you ASAP.
Joel Runyon
@gil_akos I think I saw this on an ad somewhere? Are you guys backed by a financial institution?
Rahul Vohra
boom! congrats on the launch Gil, very excited to see where this goes!! 🎉
Dave Messina

Astra keeps getting more powerful! And it's so easy to set up and use.

Pros:

I love sweep transfers! Before I had to manually look at all my accounts every month and move the extra to savings. Now Astra does it for me

Cons:

none

Gil Akos
Hi Product Hunt! 👋 We are excited to share the launch of Sweep Transfers for Astra!! We launched the Astra for iOS app a few months ago so you could easily and effectively manage your money – get your cash to the right place at the right time and save more for your goals, automatically. Included in our first product was basic transfer functionality between your accounts but it has always been our goal to create more smart and dynamic transfer features for you. Ones that adapt to your balances week-to-week and month-to-month. Enter Sweep Transfers! Sweep transfers automatically move funds over a given amount from one account to another on a recurring basis. By using “sweeps,” you can continue to move funds out of your source account but without overly affecting your balance. The transfer amount is calculated dynamically based on your current balance and runs on your desired schedule. Smart and flexible! This advanced banking feature is typically only available to high net worth individuals via private banking or brokerage accounts. Astra is the first to make sweep transfers directly available to consumers! Give Astra a try and let us know how you use sweeps! You can share feedback here, through Intercom in-app, or email me at gil@astra.finance or @gil_akos on Twitter. Currently bank transfer functionality is limited to Astra users with US-based bank accounts. If that isn’t you, you can subscribe here to follow our progress as we continue to develop our product and work on launching beyond the US. We look forward to serving you!
Eileen Soddick

This is how I use sweep. I have my checking (where I get paid) and my savings (where I invest money regularly into Robinhood). Whenever the balance goes over in moves into my savings and I know on the 30th I can take the savings amount and transfer it into Robinhood to invest right away.

Pros:

I want to have my money managed for me without spending time looking at my account and making transfers. This is so painless.

Cons:

None so far!

Gil Akos
Thanks for sharing your use case Eileen!! Right on point! You're actually chaining Actions manually, which we are working on automating. 🙌
gilbert mpanga
Congratulations on the launch @gil_akos Hope to see Astra grow soon in other markets to provide such instant easy features.
Gautam Jain
@gil_akos congrats on the launch 👏. The feature does look interesting 🙂
Suneel Chakravorty
@gil_akos Congrats to you and your team on launching Sweep Transfers! Very cool to see how you guys are leveraging even more automation to simply things
Gil Akos
@suneel_chakravorty Thanks Suneel! More automation = simpler and more empowering banking experience. That's our take! 🤓
Jon Brown

Been a daily user for about a month now. Great way to view what is going on with all of my banks and investments in once place. Also easy way to set up savings accounts and goals for myself. Love this app.

Pros:

Easy to use and great place to see all banking apps together

Cons:

None at this time