The Money Thread...

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Tomous
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Joined in 2010
AKA: Vampbuster

PostRe: The Money Thread...
by Tomous » Wed Oct 06, 2021 8:10 am

Dual wrote:I've just set up my Chase account and new card. 1% cashback on all spending and a round up account that gets 5%.

No direct debits on the account yet so I'm just going to top it up from my current account and use it as a cash card.


What does round up account mean?

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Dual
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Joined in 2008

PostRe: The Money Thread...
by Dual » Wed Oct 06, 2021 8:19 am

Tomous wrote:
Dual wrote:I've just set up my Chase account and new card. 1% cashback on all spending and a round up account that gets 5%.

No direct debits on the account yet so I'm just going to top it up from my current account and use it as a cash card.


What does round up account mean?


It 'rounds up' your change and puts it in a separate account.

You buy a coffee for £2.50. 50p then goes into your round up account, rounding up the whole transaction to £3.00.

It's literally small beer money but an easy way to save by not doing much.


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