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Every time you use your Valley Oak Debit Card, the transaction will be rounded up to the next full dollar amount. At the end of each business day the accumulated amount from each of the transactions will be transferred from the checking account attached to your debit card to a savings account of your choice as a single transaction.
EXAMPLE: If you go to your favorite coffee shop and spend $5.51, the transaction that posts to your account will be exactly $5.51 but you will deduct $6.00 from your check register. At the end of the day, that extra 49¢ (along with any other amounts calculated on other purchases throughout the day) will be transferred from your checking to your designated savings account. The next day, you go back to your favorite coffee shop and spend $2.56 and then to the gas station and spend $32.43, at the end of the day $1.01 will be transferred to your designated savings account and you will have deducted $3.00 and $33.00 from your check register respectively.
There is no cost to enroll. Simply stop in, call or email us to tell us you want to sign up for Debit Card Roundup. Once you’re enrolled just watch your savings grow.
The program is free so don’t wait to RoundUp more savings!
The accuracy of our calculators and their applicability to your circumstances are not guaranteed. You should consult with a qualified professional regarding your particular circumstances.
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