Frequently Asked Questions
What is a Round Up?
A Round Up helps members grow their savings effortlessly by rounding eligible transactions (Visa Debit purchases, EFTPOS and Bank@Post cash withdrawals) up to the nearest $1. The difference between the purchase amount and the rounded amount is automatically transferred from the eligible origin account linked to your card into your eligible nominated destination account as a separate transaction. Over time, these small contributions add up and help boost your savings without any extra effort.
A Round Up can be set up by simply logging into Internet Banking or the Mobile Banking App. Click on the ‘Accounts’ menu and scroll down until you find the ‘Round Up’ menu’ option. Click on ‘Round Up’ to either ‘Set up Round Up’ or 'Manage Round Up'.