B of A Keep the Change: Let the 1 cent transactions roll!!
05-09-2007, 06:54 PM
#1
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B of A Keep the Change: Let the 1 cent transactions roll!!
I finally signed up for Bank of Americas keep the change program ( I should have done this MONTHS ago!)
The Keep the Change is rounding up the transaction via checkcard purchase and transferring the difference to savings. For the first 3 months however, they will MATCH you up to $250!!
Needless to say I will doing lots of 1 and 2 cent gas station pumps to speed up the process
The Keep the Change is rounding up the transaction via checkcard purchase and transferring the difference to savings. For the first 3 months however, they will MATCH you up to $250!!
Needless to say I will doing lots of 1 and 2 cent gas station pumps to speed up the process
05-09-2007, 11:28 PM
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its like eating a bag of chips with your lunch...then you run out of chips (so you think) then as you crinkle up your sandwich wrapper, you find a few chips that were hidden under it the whole time...I LOVE THAT FEELING!
<---5 overdraft charges this week *YAY*
05-10-2007, 10:43 AM
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I've had keep the change for over a year now, only ghey part is it's paid to you on a yearly basis, but I got like 70 bux from them for the year, not bad at all!
05-10-2007, 05:31 PM
#11
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The key here is to do as many transactions as possible in the first 3 months so you get the most out of BOA, hence the 1 cent transactions.
05-10-2007, 06:22 PM
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As many transactions as possible or as much money (up to $250) in transactions. I mean...you'd have to do 100 1 cent transactions for them to give you 1 dollar...my time is worth more than that...
05-10-2007, 08:43 PM
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Really guys this is not hard to understand, here is how it works:
Charge 1 cent in gas. 1 Dollar is charged to your checking account and 99 cents is transferred to your savings account. If this happens within the first 3 months BOA will MATCH 99 cents.
This works for all transactions. Lets say you go to Starbucks and charge 3.60. 4 dollars is charged and 40 cents is transferred to your savings. Again, if this happens within the first 3 months BOA will MATCH the 40 cents.
Yes, if you are m@d tyte bAllin y0, than this may sound silly. But for me, an additional $250 for doing simple transactions is very beneficial.
ya'll get it????
05-11-2007, 12:20 AM
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its like pumping gas...stop at $49.99 if you want 1 cent added to your savings...
stop at $50.01 if you want 99 cents added to your savings
stop at $50.01 if you want 99 cents added to your savings
05-11-2007, 01:36 AM
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Ummm....no.
Really guys this is not hard to understand, here is how it works:
Charge 1 cent in gas. 1 Dollar is charged to your checking account and 99 cents is transferred to your savings account. If this happens within the first 3 months BOA will MATCH 99 cents.
This works for all transactions. Lets say you go to Starbucks and charge 3.60. 4 dollars is charged and 40 cents is transferred to your savings. Again, if this happens within the first 3 months BOA will MATCH the 40 cents.
Yes, if you are m@d tyte bAllin y0, than this may sound silly. But for me, an additional $250 for doing simple transactions is very beneficial.
ya'll get it????
Really guys this is not hard to understand, here is how it works:
Charge 1 cent in gas. 1 Dollar is charged to your checking account and 99 cents is transferred to your savings account. If this happens within the first 3 months BOA will MATCH 99 cents.
This works for all transactions. Lets say you go to Starbucks and charge 3.60. 4 dollars is charged and 40 cents is transferred to your savings. Again, if this happens within the first 3 months BOA will MATCH the 40 cents.
Yes, if you are m@d tyte bAllin y0, than this may sound silly. But for me, an additional $250 for doing simple transactions is very beneficial.
ya'll get it????
I got $170 last year from my 3 months of usage. The card never saw action again afterwards.