Bump up debit purchases to the nearest dollar – the difference is automatically transferred to your savings account.
When you use your Compass debit card, we’ll round up your purchase and help your savings grow one purchase at a time. At the end of the day, your round-up amount will be deposited into your choice of savings accounts.
How It Works & Options
1. Standard Round Up: Your point of sale purchase is rounded up to the next whole dollar and transferred into your saving account each time your make a point of sale purchase with your debit card. For example, if you buy a coffee for $4.50, $5.00 is debited from your chequing account - $4.50 goes to the retailer for your coffee and .50 cents goes into your savings account automatically.
2. Amount ($) - A fixed dollar amount of your choice will be transferred into your savings each time you make a point of sale purchase with your debit card. For example, if you buy a coffee for $4.50 and have chosen $1.00 add on per transaction - $5.50 is debited from your chequing account - $4.50 goes to the retailer for your coffee and $1.00 goes into your savings account automatically.
3. Percent (%) - A fixed percentage of your choice will be transferred into your savings each time you make a point of sale purchase with your debit card. For example, if you buy a coffer for $4.50 and have chosen 10% add on per transaction - $4.95 is debited from your chequing account - $4.50 goes to the retailer for your coffee and .45 cents goes into your savings account automatically.
How do I add this feature to my account?
Simply come in or call one of our branches and we'll set you up to start saving. It's that easy!