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Bank of America - Round up checking

Posted on 1/23/12 at 3:01 pm
Posted by Im4datigers
Northern Virginia
Member since Oct 2003
4466 posts
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?
Posted by C
Houston
Member since Dec 2007
27836 posts
Posted on 1/23/12 at 3:04 pm to
$250 limit.
Posted by Chris Farley
Regulating
Member since Sep 2009
4180 posts
Posted on 1/23/12 at 5:12 pm to
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.
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