Learn How Round Up Savings Works

Have the money you need when you need it! With Greenville Heritage Federal Credit Union’s Visa® Debit Card Round Up Savings Program, you can be prepared for life’s expected and unexpected expenses. Whether you are planning for your next big vacation or find yourself needing to make home or car repairs, Round Up boosts your financial independence.

The More You Shop, the More You Save.

Round Up Savings is the new effortless way to save your “spare change” – it simply rounds up your debit card transactions to the nearest dollar and automatically transfers the money into a selected account, setting aside small amounts of money with each purchase.

Account Details

  • Link directly to an interest-bearing account of your choosing. Must be under the same member number. See restrictions below.

  • Debit Card transactions are rounded to the nearest dollar and automatically transferred to your savings.

  • Conveniently transfer Round Up funds in Home Banking or our Mobile App, GHFCU 2 Go!.

Roung-Up Savings Video
Roung-Up Savings Video

Ready to Start Saving?

To enroll in the Round Up Savings Program, you can go to any one of our three convenient branches or call a Member Service Representative at 864.417.4160 during normal business hours. For your convenience, our Main/Downtown and Simpsonville offices are open until 5:30 p.m. on Thursday and Friday.

Frequently Asked Questions

What is Round Up Savings?

Round Up enables members to make an automated transfer to an account within their member number, based on point-of-sale (POS) debit card transactions.

 

How does Round Up Savings work?

For example, if a cardholder completes a debit card transaction for $22.42, $0.58 (the difference between $22.42 and $23.00) will automatically transfer to the member’s designated account – rounding up the amount to the next whole dollar. When the purchase is a whole-dollar amount, the system rounds up the amount by $1.00.

 

Where Can the Round-Up Be Directed?

As it stands today, the round-up must remain within the same member number where the debit card resides. Cardholders can round up their savings in any interest-bearing account, such as a Money Market Checking Account or a Regular Share Account. Cardholders cannot use accounts such as IRAs, certificates, HSAs, or escrow for rounding up savings. Cardholders cannot select a different member number for the round-up.

When you enroll in Greenville Heritage Federal Credit Union Round Up Program, purchases made with your Greenville Heritage Federal Credit Union Visa Debit Card will be rounded up to the nearest dollar and the difference will be funded by your own checking account and transferred into an eligible Greenville Heritage Federal Credit Union account when the transaction is settled to your checking account. For the transaction to round up, there must be sufficient funds in the checking account linked to your debit card. When funds are available to only cover the purchase, the transaction is completed without the round up amount. Round Up transactions are considered a transfer. They will appear on your online banking account and Greenville Heritage Federal Credit Union statement.  If an account balance is zero, negative or becomes zero after the round up transaction, the program does not round to the next dollar amount. If your debit card purchase is subsequently cancelled or reversed, such as a returned purchase, the corresponding round up transfer will remain in your designated Round Up account. Credit transactions, ATM-processed transactions, transfers between accounts, or adjustment transactions will not be rounded up. Greenville Heritage Federal Credit Union may cancel or modify the Round Up Program at any time without prior notice. The Round Up Program is not offered for non-consumer debit cards. You may enroll, opt out, or change the designated receiving account at any time by contacting a Greenville Heritage Federal Credit Union representative by phone at (864) 467-4160.