Qoins withdraws your spare change savings from your linked checking account to your Qoins holding-account, in roughly $5+ increments. So as you make purchases we will track your connected card/cards on the backend until you've hit the threshold. For payments made, Qoins will disperse the overall spare change savings from your Qoins account towards your lender once a month. We deduct a monthly service fee of $2.99.