Debit Card Round-Up Program

Vermont Federal Credit Union will round up your debit card purchases to the nearest dollar amount and transfer the difference from your checking account to the savings account of your choice.

Example: If you used your Vermont Federal Credit Union enrolled debit card to purchase groceries in the morning for $110.80 (20 cents), then purchased gas for $48.16 (84 cents) and dinner for $24.64 (36 cents), $1.40 would be transferred from your checking account into your preferred savings account at the end of the day.

Accounts eligible for the Debit Card Round-Up feature include any personal checking accounts. Business checking accounts are not eligible.

Business Checking Accounts are not eligible for this round up feature.

Yes, you may enroll multiple checking accounts, though you must enroll each account separately.

Enrollment is done by checking account. If multiple cards are associated with a checking account, including joint owners, these will also be enrolled in the program.

Each day, the total of all rounded up debit card purchases will be transferred from your checking account to your selected savings account. Purchases made after approximately 7:00 PM EST will be rounded up and included in the next day's transfer.

At the end of each day funds will be transferred into your preferred savings account. Once this transfer occurs you have full access to the funds.

Yes, funds will be transferred into the savings account of your choice.

If you do not have sufficient funds in your checking account, or if any transaction has overdrawn your checking account, we will not round up purchases and will not transfer any funds.

Canceled or returned purchases will still be rounded up and transferred to your selected savings account. Funds transferred to your savings account will not be returned to your checking account if a return is processed.

Yes, you must run your card as debit for funds to be rounded up and transferred to your selected savings account at the end of the day. Debit transactions are those where you enter your personal identification number (PIN).

No, it does not matter if you swipe your card or use the EMV Chip. As long as your card is run as debit (PIN), then the funds will be rounded up to your preferred savings account at the end of the day.

Vermont Federal Credit Union may cancel or modify the Debit Card Round-Up feature at any time without prior notice. If you do not have sufficient funds in your checking account, or if any transaction has overdrawn your checking account, we will not round up purchases and will not transfer funds.

To stop the Debit Card Round-Up feature, members may contact the Member Call Center at (888) 252-0202, stop by any of our branch locations, or complete the instructions below within Online Banking:

1. Sign into Online Banking
2. Click on the "Secure Forms" dropdown
3. Select "Save your Change with Debit Card Round-Up"
4. Fill out the form and click "Submit"