Credit Cards that round up

**Ima saver** · 07-02-2006, 01:31 PM

Re: Credit Cards that round up

If I read that correctly, I think the first year is free, but the second year, you have to pay an annual fee. i may be wrong. Someone needs to put up a link, so we can check out the fine print. I think I do better with the card that pays me back 1% of all that I spend.

**sweeps** · 07-02-2006, 01:48 PM

Re: Credit Cards that round up

Are you referring to the Bank of America check card?

**Ima saver** · 07-02-2006, 02:05 PM

Re: Credit Cards that round up

Well that is certainly one of them. However, the change they deposit only pays interest of .005% You would do much better to round the change up yourself and put it in a savings account paying 4-5% interest.

**Diolla** · 07-03-2006, 05:05 AM

Re: Credit Cards that round up

I do it already, I pay cash then stick the change in my pocket and at the end of the day throw it in my 'change jar'. Once a month or so I take it into the bank and deposit it into savings. However those people in the commercials must spend alot more money than I do cause I don't think I have ever had more than $50 or so.

**PrincessPerky** · 07-03-2006, 05:10 AM

Re: Credit Cards that round up

Yeah BOA wants us to enroll with out card, but we can't see getting less than half a percent!

They do match on purchases and we make almost all of ours on it, but we would then have the hassle of moving it to a real account. with real interest.

**Ima saver** · 07-03-2006, 01:43 PM

Re: Credit Cards that round up

I do that with all my change too, except for pennies, I use them. I throw it all in a jar daily and take it to the bank and deposit it into my challenge account!

**jodi** · 07-03-2006, 05:14 PM

Re: Credit Cards that round up

I got a BOA card when I had to get a new local bank - I liked that they matched it for the first three months, but when all was said and done, I probably would have been better off going with a card that had a $50 bonus. I guess I thought I spent more than I actually did! But I tried to make the most of it by always charging a penny more when I bought gas (i.e. $20.01) - then I figured they were matching my $.99 every time I filled up!
Now that the match is over, I still have the card because I have been quite pleased with the bank otherwise - and it is very close to my work, so it is convenient for me to bank there. I don't keep much money in my savings account there, so I don't worry about the low interest. Our higher balance acct. is at HSBC.

**rob62521** · 07-11-2006, 06:27 AM

Re: Credit Cards that round up

I think the change jar sounds like a better idea than these credit cards. Thanks for responding!

Credit Cards that round up