Round Up Savings

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Introducing Round Up Savings....

It may only seem like "pocket change", but over time it can add up to big savings.

Automatically add your "pocket change" to your savings account every time you make a POS (Point of Sale) purchase with your Member Card.

When you enroll in the Govan Credit Union FREE Round Up Savings program, the amount of any Member Card purchase posted to your chequing account (made by you or a joint account holder) is rounded up to the next whole dollar, and the difference is transferred into your savings account.

At the end of each business day, we Round Up the amount on each card transaction (in excess of the purchase prices) and transfer that amount from your chequing account to your Personal Savings Account. Round Up amounts for purchases are always made on the same day the transaction is posted to your chequing account.

How it Works:

Choose From Three Easy Ways to Save.

1. Round up to the next whole dollar amount.

Example: You make a purchase for $32.17; rounded up to $33 with $.83 going into your designated account.

2. Round up by a specific amount ranging from $1 to $5.

Example: You make a purchase for $32.17 and you choose to have an additional $2 added; rounded up to $34.17 with $2 going into your designated account.

3. Transfer a percentage of every POS purchase to your savings.

Example: You make a purchase for $32.17 and you choose to have an additional 5%, or $1.60, going into your designated account.

Track Your Savings

It’s easy to keep track of your savings. Just round up the transaction amount in your checkbook each time you make a Member Card POS purchase. Your monthly bank statement will contain an itemized list of transactions, plus provide a record of the Round Up savings transfers and the new balance of your Personal Savings Account.