You can think of roundups as change you'd get at the store when paying with a dollar. Roundups are essentially when your purchase transactions are rounded-up to the next whole dollar. For example, a $2.49 coffee would get "rounded up" to $3, and we'd track the 51¢ difference to go towards your next bond purchase. A full-dollar transaction, like $15.00, would round-up to the next whole dollar.

When you connect a Monitoring Account to Worthy, which could be a debit or credit card, we fetch a daily list of transactions from that account. Our app then "rounds-up" each purchase to the nearest full dollar.

When your roundups reaches $10, a bond purchase is queued on your Worthy account. We will send you an email notifying that your Roundups has reached $10 and you can approve the bond purchase directly from the email or by logging into the app. Once the purchase is confirmed, your $10 gets transferred via ACH to our bank, and a bond is issued to you when the final transfer clears (which can take up to five days).

🚨 Important note: When your accumulated roundups reach $10, and the bond is triggered for your account, the $10 cost is deducted from the bank account you originally linked as a FUNDING source for your bond purchases (it does not come from the debit or credit card you linked for monitoring the roundups).

Have more questions about Roundups or Recurring investments? Check out more articles here!