Swipe2Save Round-Up Savings Enrollment Form

      

Swipe2Save

Round-Up Savings Enrollment Form

Terms and Conditions

Upon your enrollment in the Round-Up Savings Program, you agree that Arcola First Bank will round up your debit card transactions to the nearest dollar amount and transfer the lump sum difference from your checking account to the designated savings account within one business day. You will be able to track all your round-ups inside of your Digital Banking on a daily basis and on your monthly statement. Arcola First Bank will not round up purchases posted for any transaction in which you do not have sufficient funds in your checking account and the Round-Up transfer will be cancelled for that transaction. Transfers will resume the following day, or on the next day that sufficient funds are available. If any debit card transaction is subsequently cancelled or reversed, the corresponding transfer to your savings account will not be reversed and funds will remain in your savings account. ATM transactions are not included in the program. The program is available to all checking accounts. If you receive a new debit card due to your current card being lost, stolen, or reissued, your participation in the Program will continue. There is no need to re-enroll in the program. You may cancel your participation at any time by contacting the bank and signing a cancellation form. By signing below, you agree to these terms and conditions. You understand that enrollment in the Round-Up Savings Program will cause all debit card transactions made by you or any joint owner to round up to the nearest dollar and transfer the difference to the designated savings account. Participation is done at the account level. Individual cards associated with your checking account cannot be enrolled or removed.

Customer Name ____________________________________

Checking Account #________________________ Savings Account #________________________

 

Signature ___________________________________________ Date: _______________________

 

Round Up Savings Cancellation

I wish to cancel my Round Up Savings Program.

Customer Name ____________________________________

Checking Account #________________________ Savings Account #________________________

 

Signature ___________________________________________ Date: _______________________