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Debit Card Round Up Request, Member Name:, Member #:, request that my debit card(s) be added to the Debit Card Round Up Program. I understand there is a ×5.00 Set Up Fee. A ×10.00 deposit will be

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What is debit card round up?

Debit card round up is a feature that rounds up the amount of each transaction made with a debit card to the nearest dollar, with the rounded up amount being transferred to a savings account.

Who is required to file debit card round up?

Financial institutions or businesses that offer debit card round up as a service to their customers are required to report the rounded up amounts.

How to fill out debit card round up?

Debit card round up can be filled out by keeping track of the rounded up amounts for each transaction and reporting the total sum to the appropriate authorities.

What is the purpose of debit card round up?

The purpose of debit card round up is to help users save money without having to actively think about it, by automatically setting aside small amounts from their transactions.

What information must be reported on debit card round up?

The total amount of rounded up funds collected through debit card transactions must be reported, along with any associated fees or charges.

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