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EasySaver Bank Account Helps Savers by Rounding Up Purchases
Article Submitted by: axis house

Monday, 21 December 2009

We've all heard the old saying that you have to spend money to make money, but have you heard the one about spending money to save money? It's a new twist on things but it really does work, and it works very well. This article will explain the technique.

Wright-Patt Credit Union of Southwest Ohio has announced an EasySaver savings plan that works with the clients' debit card. The good news is that other credit unions and even some banks across America are developing and promoting similar Easy Saver programs. Check your local area for programs available to you.

The program is based on the fact that collectively we have become dependent on our debit cards. Most people prefer using debit cards over cash or checks these days. With that in mind, the EZ Saver program includes a debit card and each time a purchase is made with that debit card the financial institution will round up the amount; adding the additional funds to your savings account.

For instance; let's say you purchase an item for a total amount of $19.13. The bank would round that up to $20, deducting that amount from your checking account. The .87 will be added to the savings account. For the first 30 days the Wright-Patt Credit Union of Southwest Ohio will match 50 percent of the round-up payments and after that they will match percent on the round-ups.

This is obviously an easy way to accumulate great savings very quickly and the more you spend, the more you will save. It really is that simple. These easy savings plans are helping single mothers and families across the nation save money effortlessly. This is the perfect saving method for the "spenders" among us - and you know who you are! For the savers out there, this is ideal for you and for your spouse.

Check in your local area because the program is becoming increasingly popular. Most are using the name Easy Saver, but it could be one word or spelled EZ Saver. Don't miss out on this simple way to build up a nest egg the easy way.

Article Source: http://www.ArticleBlast.com

About The Author:

Tom Elliot is a thrifty father that happens to be married to a spender. His wife loves to shop. When Elliot heard about the Easy Saver savings plan at Wright-Patt Credit Union of Southwest Ohio, he knew it was the perfect solution for them. After setting up the account the savings began pouring in. Each time Elliot's wife went shopping, he would call the credit union to check his balance - he was thrilled with the plan. In fact, both Elliot and his wife say the EZ Saver program has not only helped them to save money, but it has also improved their relationship.

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