The $26.52 Lesson
Like most folks, I hate loose change. It usually ends up in the bottom of my purse along with random sticks of gum, or in a back jeans pocket, which ends up clanking its way through the spin cycle in the washer.
So I decided to deposit all my change in a designated coffee mug in the kitchen; convinced my husband to join me, and within 30 days the mug was full: $26.52! That was more than enough to pay for two chicken dinners or the dry cleaning bill, or to buy eight gallons of gas!
It really adds up
That’s why I recommend our SAVE THE CHANGE program. It’s simple, useful and smart!
Here’s an example of how it works: If you make a debit card purchase of $25.65, $26.00 would come out of your checking account and the change ($0.35) would be deposited into your savings account.
SAVE THE CHANGE is available on any personal-use Eastwood checking or savings account. To get started, just authorize an automatic round-up on each debit card purchase from your Eastwood checking account! Your “change” (the difference) will be deposited into your Eastwood savings account.
With SAVE THE CHANGE, you save money, and your pockets, purses and washing machine. Start today and have a little extra tomorrow!
– One Very Happy Saver
Upon enrollment, we will round up your Visa® Debit Card purchases to the nearest dollar and transfer the difference from your checking account to your Eastwood Bank savings account. In order to qualify for the Automated Savings Program, you must have an existing checking account and an existing savings account with Eastwood Bank. You must be an owner on both the checking account and the savings account to be covered under this program. The checking and savings accounts used for the Automated Savings Program must be personal-use accounts; business purpose accounts are not eligible for this program. You may enroll as many eligible checking accounts for this program as you wish. The transfer will not occur if there are insufficient funds in your checking account to cover the round-up portion.