Round Up and Put Your Spare Change to Work For You!
Build your savings automatically with Centennial Bank's Round Up Savings Program. Here's How It Works:
ENROLL
Enroll your Centennial Bank VISA® debit card.
SHOP
Use your enrolled debit card for everyday purchases.
SAVE
We'll round up your purchase to the nearest dollar amount and transfer the change from your checking account to your savings account, daily.
TERMS & CONDITIONS: When you enroll in Centennial Bank’s Round Up Savings Program, we round up the amount of any Centennial Bank VISA® debit card purchase made by you or any Centennial Bank VISA® debit cardholder linked to your checking account to the next whole dollar amount in excess of the purchase price and transfer that amount from your checking account to the designated savings account.
We aggregate the round up from purchases that post to your checking account each business day and make a single transfer at the end of the business day. If on a business day you do not have sufficient available funds in your checking account, we do not round up purchases posted on that business day, and we cancel the Round Up transfer that day.
Round up Savings transfers do not take into consideration minimum balance requirements. If the checking account with Round up Savings Program is subject to a minimum balance requirement the transfer could cause the account to incur a monthly service charge.
If your Centennial Bank VISA® debit card purchase is subsequently cancelled or reversed, the corresponding Round Up transfer will remain in the designated account. We may cancel the Round Up transfer at any time. Round Up is available only on Centennial Bank VISA® debit cards linked to your Centennial Bank checking account indicated above.
If the checking account with Round Up Savings Program is closed or all accounts receiving Round Up transfers are closed, the Round Up Savings Program will be cancelled. You agree to notify Centennial Bank in writing if you wish to cancel the Round Up Savings Program.