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Keep the Change® - Frequently Asked Questions |
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How does it work?
When you make a purchase with your Money Card, the amount of the purchase will be rounded up to the nearest dollar and those funds will be transferred from your checking account to your Savings Account.
The Bank will match that amount of the transfer at 100% for the first 3 months and 5% thereafter. The maximum total match is $250 per year.
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What do I need to enroll in Keep the Change?
To enroll in Keep the Change, you will need a checking account and
savings account, as well as a Check Card.
If you already have all 3, you can enroll now and start saving today.
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When will I get my bank match?
The matching funds will be credited to your savings account annually. This will take place within 8 weeks after the month in which your enrollment
anniversary for the Keep the Change savings service occurs. To receive the matching funds, your checking and savings accounts must be open and in good standing,
and you must still be enrolled in the service.
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What is the match rate?
The bank will match the round-ups at 100% for the first 3 months, and then 5% thereafter.
The match payment is paid annually within 8 weeks after the month of your Keep the Change enrollment anniversary.
The maximum total match is $250 per year.
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How often are my round-ups transferred to my savings account?
The round-ups from your Check Card purchases are accumulated and transferred from your checking account to your savings account daily.
The total transfer will be displayed daily on your savings statement, as one transaction.
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How do I stop my Keep the Change service?
If you want to stop your Keep the Change service, please do one of the following:
Visit your local banking center.
Contact one of our customer service associates.
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Privacy & Security | Terms of Use
© 2008 Bank of America Corporation. All rights reserved. Bank of America,
N.A., LaSalle Bank N.A., and LaSalle Bank Midwest N.A. Members FDIC.
Equal Housing Lenders. Equal Opportunity Lenders.
PLEASE NOTE: LaSalle products may not be able to be serviced at Bank of America banking centers or through BankofAmerica.com until late 2008. |
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