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Round Up With Simply Save

Introducing Simply Save from Gate City Bank. Use the power of your Gate City Bank debit card to round up transactions! Save for your financial goals or pay off debt, all without any thought.1

Here's How It Works

It’s simple. Once you sign up, every debit card connected to your checking account you choose to connect to Simply Save will start rounding up transactions. The checking account must be enrolled in electronic statements to be able to transfer rounded up funds. Gate City Bank will automatically round up to the next dollar and deposit that into the account you choose, or loan you want to make payments towards. It's that easy!2

Here are some answers to frequently asked questions about how Simply Save works.

How do I sign up?

Sign up below! Choose which checking account you want to have each debit card round up at each transaction and select where you want the funds to go: savings, checking, money market, car loan, or BetterLife loan.

OR you can give us a call at 800-423-3344 and we will sign you up.

Round ups must be withdrawn from a checking account. The round up cannot be applied to mortgage loans or revolving lines of credit. Enrollment is per account, which means that all debit cards on the account will round up for Simply Save.

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Please select an option below:

Account Information

1 With Simply Save, Gate City Bank rounds up the amount of any Gate City Bank debit card purchase made by you to the next whole dollar amount in excess of the purchase price and transfer that amount from your checking account to your designated round up account. Gate City Bank aggregates the round up from purchases that post to your checking account each business day and make a single transfer for each business day. When you enroll in the Simply Save round up program, you select which account you want the Simply Save round up to be applied. 

2 The Gate City Bank checking account that the round up comes from must be enrolled in electronic statements to be able to transfer funds.

Please allow 2 business days after enrolling in Simply Save to start rounding up transactions into selected accounts.

If, on a business day, your checking account balance is zero or negative or will become a zero balance after the round up transaction, then no transfer will occur.

If your Gate City Bank debit card purchase is subsequently canceled or reversed, the corresponding Simply Save transfer will remain in the designated account. We may cancel the Simply Save transfer at any time. Simply Save applies to all debit cards linked to the Gate City Bank checking account enrolled.

If the checking account enrolled in the Simply Save program is closed or the account receiving Simply Save transfers are closed, the Simply Save service will be canceled. You may notify the bank in person, writing, or by phone if you wish to cancel the Simply Save round up service.

Simply Save eligible accounts exclude Certificate of Deposit (CDs), Retirement Accounts, Revolving Lines of Credit, Mortgage Loans, Home Equity Loans, and Business Loans.