10 Banking Tricks 94% of Canadians Miss

Slide 4 of 12

You Can Automate Savings Without Opening a Separate Account

Some banks offer tools that round up everyday purchases to the nearest dollar and move the difference into a savings balance. For example:

A $6.50 purchase rounds to $7

$0.50 goes directly into savings

Other versions automatically transfer a small amount every time a card is used.

Benefits of these features:

You don’t need a separate new savings product

Everything runs in the background

Savings build slowly over time without requiring manual transfers

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It’s intended for people who want consistent savings momentum without thinking about it.

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