Grow your savings faster with a TTCU LevelUp account
This month, our Savings Series is all about an easy way to boost your savings with a TTCU LevelUp account.
Here’s the breakdown:
- TTCU debit card purchases are automatically rounded up, then the change gets deposited into your LevelUp account.
- It pays 3% APY*, a much higher rate than a standard savings account.
- It’s meant to supplement your main savings account, so you can’t transfer in additional money.
- Also, any dividends from Member Rewards will automatically be deposited into open LevelUp accounts.
- Members that have debit cards on multiple checking accounts may have a LevelUp account attached to each one.**
To further highlight the benefits of this account, I reached out to two TTCU branch managers who help members open them every day – Sierra L. (Midtown) and Pam M. (Owasso).
How would you describe a LevelUp account?
Sierra: A LevelUp account only receives deposits via Member Rewards dividends or rounding up your purchases on your debit card. Then, you’re able to withdraw as needed.
Pam: There are no qualifications. Anyone who has a checking account with a debit card can participate. It’s a free account - no fees or charges. We call it a “digital change jar.”
Why would you recommend a LevelUp account?
Sierra: It allows you to save money without having to think, and it pays higher dividends than a normal savings account.
Pam: It’s a passive way to save. Small round-up deposit funds can accumulate quickly and the 3% yield is a great rate on funds that have no withdrawal restrictions.
What are the key benefits of a LevelUp account?
Sierra: (You’re able to) save money quicker and without having to consciously do it. Next thing you know, you have money available to fund emergencies or unexpected expenses.
Pam: It’s an easy way to save, you earn a higher yield on deposits, there are no restrictions on withdrawals – plus, it’s free!
Anything else you’d like to share?
Sierra: If you have a checking account, you would be silly not to have a LevelUp account. The benefits are instant!
Pam: It’s a great product for frequent debit card users – you can see how quickly even small deposit amounts can accumulate.
Interested in giving your savings an easy boost?
We’d love to help you open a LevelUp account. As always, we’re here to answer all your questions and get you into the account that works best for you.
Visit any branch, today!