Cards & Change

A unique program has been launched that rounds up debit card transactions and funnels the difference to a savings account. The new Bank of America “Keep the Change” option will automatically round up the purchase to the nearest whole dollar and transfer the money from the customer’s checking account into their savings account at the end of the day. In addition, BofA will match 100% of the “Keep the Change” transfers for the first three months. After that the bank will contribute five percent a year. The maximum match is $250 annually. The bank pays the rewards annually. To sign up for the forced savings program, customers will need a BofA checking account, savings account and debit card. For more information visit: “http://www.bankofamerica.com/ktc”:http://www.bankofamerica.com/ktc