With SmartSaver Round-Up, every purchase you make with your Progressions Credit Union debit card is rounded up to the nearest dollar. The rounded up difference is then deposited into a Progressions Credit Union savings account of your choice. (Sorry, no certificate accounts or IRA’s.) Every time you swipe your debit card you’ll be saving money – it’s truly that easy. That’s not all, there is no fee for enrolling in this convenient service!
You go to the gas station and the total for your gas purchase comes to $29.55. This amount will post to your checking account. Immediately after that, a second debit occurs rounding up to the nearest dollar, transferring the difference to the savings account you designated. In this case, it would be $0.45 and you would deduct a total of $30.00 from your checking account register.
Information you should know:
SmartSaver Round-Up works on any PIN or signature based debit card transaction from a Progressions Credit Union checking account. It does not work on ATM withdrawals or if you overdraw your account, or if your transaction is being covered by an overdraft protection program. In cases where a rounded up transaction is reversed, the portion that was deposited to your savings account will not reverse.
Signing up is easy:
SmaContact us or complete and sign the SmartSaver Round-Up Opt-In and Terms and Conditions Form, Mail it to our main office, or email it to us using our secure email server. Once you are set up, just watch your savings grow without even thinking about it!
Not a member?
Apply online and you will be contacted by a Financial Services Representative. Be sure you tell them you want to open a savings and checking account and enroll in SmartSaver Round-Up!