Why "A Penny Saved is a Penny Earned" Still Rings True
Let's dive into a concept that might seem a bit vintage but holds more power than you might think: "A Penny Saved is a Penny Earned."
Okay, we get it. Cash feels ancient in a world where everything's digital, and spare change jars sound like something your grandparents would talk about. But bear with us because there's some real wisdom here that's totally applicable to our tech-savvy lives.
Think about the times you've mindlessly swiped your card or tapped your phone to make a purchase. It's effortless, right? But what if we told you that those spare cents and dollars you're ignoring could actually make a difference?
Enter the Round Up Savings program. Yep, it's like the 21st-century version of the change jar. Every time you buy something with plastic or a digital wallet, we round up your purchase to the nearest dollar, and that little bit extra? It goes straight into your savings.
Now, we know what you're thinking. Is it worth it? Absolutely. It's like building a secret stash without even trying. And hey, it adds up quicker than you'd expect. Imagine using that fund for something awesome—a trip, a new gadget, or even starting your own side hustle.
So, let's flip the script on what it means to be financially savvy. Sure, we might not be stuffing coins into jars, but we're definitely redefining what it means to save and invest in our future. "A Penny Saved is a Penny Earned" isn't just an old saying—it's our mantra for building the life we want, one digital dime at a time.
Imagine this scenario:
You treat yourself to a $4.72 iced mocha at your favorite coffee shop. With Round-Up Savings, the 28 cents left over from your purchase quietly adds up in your savings, completely unnoticed by you. Over time, these small contributions snowball into a substantial nest egg, all without any extra effort on your part.
Round Up Savings Program
With Planters Round Up Checking, the spare change from your debit card transactions is automatically gathered and smoothly transferred daily to your Planters Super Savings Account. Each time you use your Planters First Bank debit card, we seamlessly round up the total to the nearest dollar, ensuring your savings grow effortlessly.
Join our Round-Up Savings program today and watch your savings flourish with every swipe. So, go ahead, enjoy that latte guilt-free, knowing that you're also building a brighter financial future with every purchase.
With our high-yield savings account, you’ll be able to reach your goals sooner and earn interest at a higher rate than a traditional savings account. Our competitive interest rate is 5.09% Annual Percentage Yield (APY)*
- Must have Planters Round Up Checking Account
- The round-ups from your debit card purchases are accumulated and transferred daily from your Planters Round Up Checking account to your Super Savings Account.
- A minimum of $5.00 is required to open an account, while the maximum amount allowed for the initial deposit is $100.00.
- $5.00/per item if more than 3 withdrawals per calendar month.
- No Minimum Balance Fee
- FREE Online & Mobile Banking
So what are you waiting for?
Enroll today!
*Terms & Conditions Apply. Interest Rate and Annual Percentage Yield (APY) may change at the Planters First Bank’s discretion. Interest will be compounded quarterly and will be credited to the account quarterly. If you close your account before interest is credited, you will not receive the accrued interest. We use the daily balance method to calculate interest on your account. This method applies a daily periodic rate to the principal in the account each day. The daily balance that we use when calculating interest is the collected balance. That means we only include those funds for which we have actually received payment when we determine the daily balance on which interest is paid.