How it works
Anytime you use your checking account or debit card, it will round up to the next dollar and the difference will automatically go into your savings account!
Congratulations you just saved effortlessly. Sit back and watch your money grow!
Example: I buy a sandwich for $3.25 using my debit card to pay for it. Our app will round the purchase up to the next dollar in this case $4.00. The rounded up cents ($0.75) will go directly into your savings account. It's that simple.
I know, I know, you don't have a savings account. Easy, call your bank and tell them you want to start a saving account. Banks will offer different minimums on how much you will need to start a savings account. For most banks the minimum amount to open a savings account is $20 while maintaining a $300 balance. Your saving account is now opened! In order to reach the initial $300 minimum most banks will allow you to deposit $20 a month until you reach that minimum balance. With the help of $aving $ense you will reach this requirement and potentially much much more in no time! Starting to make $ense yet?
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