Debit Card Round Up is Coming Soon!

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Debit Card Round Up is an easy way to build your savings with every debit card purchase. If you choose to enroll, simply call us at (800) 850-5000 or visit a Salem Five branch anytime on or after April 1, 2026. The following terms and conditions will apply, should you opt to Enroll:

Debit Card Round Up Service Terms and Conditions

Should you choose to enroll in the Debit Card Round Up service, Salem Five will round up the amount of each debit card purchase made by you or any joint owner of your checking account to the next whole dollar. The difference between the purchase amount and the rounded-up amount will be transferred to your designated savings or money market account.

Round-up amounts from purchases posted to your checking account are aggregated each business day and transferred as a single “Round-Up Transfer” at the end of that day. Round-ups apply to all debit cards on your checking account and only include debit card or POS transactions. ATM, ACH, cash, and bill payments are excluded. If your checking account does not have sufficient available funds at the end of any given business day, no round-up transfers will occur for that day. The designated savings or money market account must be active with a positive balance.

If a debit card purchase is later disputed, canceled or reversed, the corresponding round-up transfer will remain in your savings or money market account. You may change or cancel your enrollment in the Debit Card Round Up service at any time by visiting a Salem Five branch or calling us at (800) 850-5000. Salem Five may modify or terminate this service at our discretion.

To enroll and participate, you must maintain ownership of both the checking account associated with the debit card(s) and savings or money market account to which round-up transfers are directed. Debit Card Round Up is available only for consumer accounts.