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Started By
Message
Bank of America - Round up checking
Posted on 1/23/12 at 3:01 pm
Posted on 1/23/12 at 3:01 pm
so what's the catch?
No way if I buy something that's $1.05 are they going to round up and dump $0.95 into a checking account? They would go broke (well some would argue they already are).
I don't see any fees or anything else associated with the account, debit card etc?
No way if I buy something that's $1.05 are they going to round up and dump $0.95 into a checking account? They would go broke (well some would argue they already are).
I don't see any fees or anything else associated with the account, debit card etc?
2
Posted on 1/23/12 at 3:04 pm to Im4datigers
$250 limit.
Posted on 1/23/12 at 3:08 pm to C
Thought it said there was a $250 limit on their match though, not on overall?
Even so, $250 is this per month, lifetime etc?
Even so, $250 is this per month, lifetime etc?
Posted on 1/23/12 at 3:09 pm to Im4datigers
annual
Posted on 1/23/12 at 4:09 pm to C
quote:
annual
Are you sure? I thought it was a one time deal when you signed up for a new checking account.
Posted on 1/23/12 at 5:12 pm to Im4datigers
I'm pretty sure in that scenario they charge your checking account $2 and just send the .95 to your savings account. They aren't giving you any money.
Posted on 1/24/12 at 6:31 am to Chris Farley
quote:
charge your checking account $2 and just send the .95 to your savings account. They aren't giving you any money.
I thought this was what was going on
Posted on 1/24/12 at 8:11 am to Chris Farley
quote:
I'm pretty sure in that scenario they charge your checking account $2 and just send the .95 to your savings account. They aren't giving you any money.
I did this. For the first year they match 100% of the difference up to $250. After that they match a paltry 5% of the difference. The first year is free money. Always fill your gas tank up to $XX.01. After that use your CC because the rewards will be much much better.
Posted on 1/24/12 at 9:53 am to AuburnTiger08
I just checked the website and it said they will match you for the first 3 months and it pays out at the year anniversary of your enrollment. I wish I had known that when I signed up, I just use my CC for everything and pay it off at the end of the month.
ETA: I've got $7.48 coming my way in July
ETA: I've got $7.48 coming my way in July
This post was edited on 1/24/12 at 10:17 am
Posted on 1/25/12 at 10:24 am to Chris Farley
That makes more sense, I remember when I signed up using my debit card for gas and always filling up for like $5.01. I got my full $250 then back to AMEX.
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