Debit Card Round Up

Debit Card Round Up

  • Save with every purchase – Debit card purchases are rounded up to the nearest dollar.

  • Pay balances faster – Round Up funds can be directed to any Ownership Share, Savings Plus or qualifying loan*.

  • No cost to participate – The program is free to enroll, then works automatically in the background.

FAQs

Every time you use your Beacon Credit Union Debit Card, the transaction will automatically be rounded up to the next full dollar amount. At the end of each business day, the accumulated amount from each of the transactions will be transferred from the checking account attached to your debit card to any Ownership Share, Savings Plus or qualifying loan as a single transaction.*
Example: If you spend $12.51, the posted transaction will be $12.51, then at the end of the day, that extra 49¢ will be transferred from your checking to your designated savings account (loan payments will be posted as a single transaction at the end of the business day).

You may have Round Up monies credited to any Ownership Share, Savings Plus or qualifying loan you have ownership on (Tax Reported Owner or Joint Owner). Mortgages, commercial and agriculture loans are not eligible. Savings will round up and post per transaction. Loans will round up and post as a single transaction per business day. Round Up transactions to your membership qualifying account will be considered activity to keep account active.

Enroll by visiting a member center, calling or emailing us, or you can enroll online. Enrolling in Debit Card Round Up will round up ALL point of sale (POS) transactions for ALL debit cards attached to a checking account. Only one “credit to” account may be set up per checking account.

Debit Card Round Up is only available on consumer debit cards attached to a checking account for point of sale (POS). Debit cards for Business accounts, Trust accounts, and Estate accounts are not eligible.

If you should get a new debit card number, it will not affect the round up program, Debit Card Round Up transactions will process until you cancel or close the “from or credit to” account.

*Monthly pay consumer loan (mortgages, commercial and agriculture loans are not eligible).

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