Yes! When you have a Spend account and turn on the Roundup¹ setting, we'll automatically round up every transaction to the next dollar. We'll put the change from those transactions right in your Save account. It may not feel like much at first, but it adds up fast!
Roundups for purchases that are canceled or reversed will stay in your Save account. To enable the Roundup feature from the web:
Navigate to Investing & Banking at the top of your dashboard. Under banking, select your Spend account and toggle Roundup to On:
From mobile, click on your Spend account. You’ll find the option to turn on Roundup under your account numbers.
¹If you opt in to the Roundup Program for debit card purchases, each settled (i.e. fully completed) purchase transaction made with your Ellevest Debit Card will be rounded up to the nearest whole U.S. dollar. The Roundup amount will be transferred from your Spend account to your Save account. Foreign purchases are rounded up to the nearest whole dollar after the purchase is converted to U.S. dollars. ATM withdrawals and transactions in whole US dollars, e.g. $20.00 are excluded from the Roundup program. If, at the time of settlement of a purchase, your Ellevest Spend Account has insufficient available funds to cover the full amount of the Roundup transfer, the Roundup Transfer will not be made.
If a purchase is canceled or reversed for any reason (including disputes), the corresponding Roundup Transfer will not be reversed. You can opt out of the Roundup Program at any time.