Is the "Keep the Change" program at Bank of America worth it?

I have the keep the change program on my debit card. I like it because it helps me save a little bit each time I purchase something. Also, for the first three months they match your KTC balance! That was pretty awesome. Gotta lurve free money.

I like it. I think it’s nice to have that little bit of money on the side for when you want something special or random.

I liked it, rounding all the money to the next dollar and transferring it over. It basically forces you to save, it may be a couple of cents but they do add up.

i know someone who has it and loves it.

I haven’t tried it, but it appeals to me. It seems like a fairly painless way to save some money.

I hate BoA for a host of other reasons, but keep the change is the shit.

We had the KTC program, but there are a few things we didn’t know about it, like they’ll charge you for transferring too many times during a month, etc. Anyway, these misc fees totally defeated the account and we ended up losing money. So, be wary and read all the fine print and make sure that works for you.

I have always used my own keep the change system. Since I am so terrible at math, I always round up in my checkbook which creates a “buffer” of extra money. Most years, I use that money at Christmas time. You would be surprised at how much adds up.
But I don’t use B of A, I just do it on my own.

Kudos to basp.

It’s a cute little program, but it is NOT a savings program. If this is your entire savings portfolio, you need to reanalyze. Saving 1¢ – 99¢ per transaction is not going to save you any real money in the long run.

(Though I will admit when I was using my debit card to pay for everything, I’d intentionally leave tips at restaurants that would make my total be $X.01. Same for pumping gas…)