round2save can be activated in our Mobile Banking App, but not via Internet Banking.
Other helpful FAQs.
The following transaction types will not round2save:
- BPAY® Payments
- Fee transactions
- Transfers between accounts
- Osko Payments.
Any cash withdrawals via ATM (including international ATM cash withdrawals) are subject to round2save rounding up, should the final transaction value not be a round figure. For example, if you were to withdraw money from an ATM overseas, due to the exchange rate it is likely that the transaction amount would not be a round figure, in which case the round2save amount would be transferred to your nominated savings account.
Accounts available for the origin (transaction) account include:
- Purple Transactor
- Access Savings Account
- BU Account.
Accounts preferred for the landing (savings) account include:
- Bonus Saver Account
- monEsaver Internet Savings Account
- Community Reward Account.
round2save works by rounding up each transaction¹ you make on your nominated transaction account² to the nearest whole dollar, and transferring the rounded up amount to your nominated savings account.
For example, if you were to use your card to purchase an item for $23.54, then 46 cents would be automatically transferred to your nominated savings account once the transaction has cleared³.
¹Only available on eligible VISA Debit card transactions, including point-of-sale and online purchases. round2save does not apply to Osko payments, BPAY or Direct Debit transactions.
²Only available on eligible transaction accounts.
³The transferred round2save amount may take up to 5 business days to appear in your savings account due to VISA pending transactions.