Round Up Savings App Australia. This kind of passive saving can really give your savings a boost without even realising it. 75¢ goes towards that new bike.
The average amount rounded up into a savings maximiser from 1 october 2017 to 30 september 2018 was $65 for ing customers using everyday round up to round up card purchases to the nearest $5. You can either round up purchases and invest the difference, make lump sum investments or set weekly investment amounts. Raiz australia (formally acorns) is an app that allows you to invest your spare change automatically from everyday purchases.
Only purchases made with a funding source linked to your acorns account with the feature active are eligible for round up investments.
The information contained in this example does not constitute financial or tax advice. If you use a debit card to buy a $3.50 latte, for example, the app withdraws 50. Plus, their savings account currently pays 1.00% apy! Have your card purchases round up to the nearest dollar, with the additional amount transferred to your nominated account.
