VISA Check Card Round Up

With our new VISA Check Card Round Up service you can grow your savings automatically!

We’ll round up all of your ORNL FCU check card purchases to the nearest dollar and transfer the difference from your ORNL FCU checking account to the ORNL FCU savings account of your choice! Round Up makes saving simple!

How it Works

Every time you use your check card, the transaction will be rounded up to the nearest dollar, and at the end of each business day, the accumulated amount from each of the transactions will be transferred from your checking account into your designated savings account, as a single transaction. You deduct the “rounded up” transaction in your check register to reconcile.

EXAMPLE: If you go to Target and spend $94.73 and pay with your VISA Check Card, the transaction that posts to your checking account will be exactly $94.73, not $95.00. For this purchase the round up portion would be 27₵. At the end of the day the 27₵ will be transferred from your checking account to the savings account you chose when you enrolled into VISA Check Card Round Up.

How to Qualify or Participate in Debit Card Round Up

You must be 18 years of age or older and have an ORNL FCU checking account with a debit card and a savings account (primary savings, special savings, club account, or money market account).

There is no cost to enroll. Also, the round up transfer will only happen if you have extra funds at the end of the day; the round up transfer will never overdraw your account. Simply call or stop by any branch to sign up today!

Visa™ Check Card

Talk about convenience! You're going to love our VISA Check Card. Why? Because it looks like a credit card and works just like a check.

Have you lost or had your card stolen? Please call 888.918.7754.

NOTICE: If you are planning any travels within the U.S. or overseas, please contact the Credit Union at 865.688.9555 or 800.676.5328 to avoid any interruption in debit or credit card usage due to security precautions. Also, please know that VISA has specific guidelines in place for Russia, Bulgaria, Ukraine and Romania.

 

 

VISA Check Card Round Up Terms and Conditions

ORNL FCU will round up the amount of any VISA Check Card purchase made by you or a joint owner of your checking account to the next whole dollar amount, and transfer the amount in excess of the purchase price from your checking account to your savings account. If you have multiple debit cards on an account, all card activity will be treated the same.

 ORNL FCU will aggregate the round-up from VISA Check Card (debit card) purchases that post to your checking account each business day and make a single transfer (the “Round Up” transfer) at the end of the business day.

If on a business day you do not have sufficient available funds in your checking account, or if any transaction has overdrawn your checking account, we do not round up purchases posted on that business day and we cancel the VISA Check Card Round Up transfer for that day.

 If your VISA Check Card purchase is subsequently canceled or reversed, the corresponding VISA Check Card Round Up transfer will remain in the savings account.

 VISA Check Card Round Up is available only on a debit card linked to your ORNL Credit Union checking account.

 We may cancel the VISA Check Card Round Up service at any time. Always keep track of your share draft accounts to avoid any possible non-sufficient funds (NSF) fees. By signing this document you agree to these terms and conditions.