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Round Up Savings program gives you the power to save money by rounding each of your First Alliance debit card transactions to the nearest whole dollar amount. The difference is transferred from your checking account to your savings. Once enrolled, every debit card swipe builds your saving!
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How it Works
Each First Alliance Credit Union debit card transaction will be rounded up and the extra funds will be deposited into your savings account or money market account. You can then watch your savings grow!
1. ENROLL:
Enroll your First Alliance debit card.2. SWIPE
Swipe your card for your everyday purchases. Transfers occur per transaction.3. SAVE
Now just sit back and watch the savings grow! Your purchases will round to the nearest dollar amount and transfer the change from your checking to your savings or money market account. -
Real Life Savings Example
Here's a quick example of how Round Up Savings can kick start your savings goals!
Imagine you buy a coffee for $4.00 every morning and a burrito for $9.20 at lunch, using your First Alliance debit card. With Round Up, your $9.20 burrito rounds up to $10.00, and the extra $0.80 goes into your First Alliance savings. Your $4.00 coffee rounds up to $5.00, adding $1.00 to your savings. This means you save $1.80 daily, potentially saving up to $54.00 in a month.
This chart is for illustrative purposes only. Actual change saved could accrue faster or slower, depending on debit card usage.
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Frequently Asked Questions
Is there a service charge or fee for Round Up Savings?
No. There are no program fees; standard account fees may apply.
I have multiple savings accounts, can I link all of them to the Round Up Savings program?
No. You may only link your debit card to the savings account or money market account with the same member number as your checking account.
What type of transactions are included in the Round Up Savings program?
All First Alliance debit card transactions made from your checking account will be rounded up. Cash withdrawals from the ATM are excluded.
What happens if my debit transaction is a whole dollar?
For transactions that are already a whole dollar amount (e.g., $4.00), an additional $1.00 will be transferred. Bringing the total amount to $5.00.
How do opt-out of Round Up Savings?
You can visit a branch or email First Alliance Credit Union at hello@firstalliance.com.
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Terms and Conditions
- Round Up Savings transfers only apply to First Alliance Credit Union debit card transactions.
- Accounts such as IRAs, certificates, or escrow cannot be used for rounding up.
- Round Up Savings Program will not utilize any overdraft source, nor will it take your account into the negative.
- If a debit card purchase is canceled or reversed, the corresponding Round Up Savings Program transfer will remain in your enrolled savings account.
- ATM transactions are not included in this program.
- If you have multiple cards, each card must be enrolled in order to activate Round Up.
- Savings cannot be sent to other savings accounts that are not associated with debit card enrolled.
- You understand and agree that First Alliance Credit Union may cancel or modify the Round Up Savings program at any time without prior notice to you.
- Transactions will appear with the merchant’s name and amount, followed by an additional debit labeled “ROUND UP TRANSFER”
- All terms outlined in the Membership and Account Agreement, Truth in Savings, and Electronic Funds Transfer Disclosure still apply.