Change Jar Savings - enroll in Online Banking
Save a little every time you swipe your debit card.
Change Jar* is a checking account feature that helps you save by automatically rounding up your purchases and transferring the change into savings.
Change Jar makes saving so easy, you’ll forget you’re doing it. And before you know it all that change will add up to pay for something special – an exotic vacation, your kid’s college education, holiday gifts, or maybe even a new car.
Find out how much you could save when you make daily purchases.
|Your Purchase||Rounded |
|$ 6.25 Lunch||$ 7.00||$0.75|
What you need to participate!
It’s fast and easy to get started. All you need is a Premier America checking account, savings account and a debit card. You can find the easy enrollment form under the Secure Forms tab in Online Banking or visit your branch today!
How Does it Work? You Save While you Spend!
Once you enroll, every debit card purchase is rounded up to the nearest dollar! Each day we transfer the difference from your checking account purchases to your savings account (we round up each debit card purchase to the nearest dollar).
*When you enroll in the Change Jar savings program, the amount of any one time debit card purchase by you or an authorized card holder of your consumer Checking Account (business checking accounts and money market accounts are not eligible) will be rounded up to the next whole dollar. Only one time debit card purchases (PIN and signature based transactions) are eligible for the program. The amount in excess of the purchase will be transferred to your designated Smart Savings, Regular Savings or Holiday Savings account. If the debit card purchase is an even dollar amount, $1.00 will be transferred. Each day’s purchases will be aggregated, debited from your checking account and posted to your designated savings account in a single transfer (described as ‘Change Jar’ transfer) at the end of the business day. If you do not have sufficient available funds in your checking account to make the Change Jar transfer, or if any transaction has overdrawn your Checking Account, the Change Jar transfer will be cancelled for that day. If your debit card purchase is cancelled or reversed after the Change Jar transfer has been made, the corresponding Change Jar transfer will not be reversed and will remain in the savings account. The Change Jar program may be changed or cancelled at any time.