What are Round-Ups?
With Chipper Round-Ups, we’ll help you chip away at your debt with spare change from your everyday purchases. Say you buy a coffee for $3.75. We’ll automatically round it up to $4.00, and $0.25 will be allocated to chip away your debt. Round-Ups e...
How do Round-Ups work?
When creating your debt payoff plan, choose Round-Ups as your payoff method. Then, simply link your Primary Checking account and your spending accounts (debit and credit cards). As you make purchases, we'll round up the transaction amounts to the ...
How are Round-Ups payments made?
We’ll transfer your total monthly Round-Ups from the bank account you’ve chosen to link as your primary checking account. Your primary checking account will always be your debt payment funding source. Even though we’re keeping track of the spare c...
Which accounts do you use to track my Round-Ups?
Round-Ups are calculated from the daily transactions of your primary checking account and any spending accounts (debit and credit cards) you link. You must have a linked primary account to use Round-Ups and you can link as many spending accounts a...
How many accounts can I connect to track Round-Ups?
You must have a linked primary checking account to use Round-Ups and you can link as many spending accounts (credit and debit cards) as you like.
What if I am using Round-Ups but my transaction is an exact dollar amount, like $5.00?
When you make a transaction that’s an even dollar amount, we’ll round-up a whole dollar ($1) to help boost your monthly Rounds-Up amount.
Why do I need to set up a minimum amount if I’m using Round-Ups?
Setting a minimum ensures that you consistently make progress towards your debt payoff goal, even if your monthly Round-Ups vary. While the average Chipper member Rounds-Up $40 per month, your spending habits might fluctuate. By setting a minimum,...
Which debt is paid off by Round-Ups?
Your Round-Ups payments go straight to the debt you're targeting in your payoff plan! If you chose the avalanche strategy, we'll use your payments to tackle the debt with the highest interest rate first. If you picked the snowball method, your pay...