- Round-Up your spare change on everyday purchases to accumulate extra payments ease
- Round-Ups on as many debit/checking accounts as you wish
- Apply to any of your student loan payments however/whenever you wish
- Parents and other loved ones can send you their Round-Ups too!
Round-Ups: Pay down your loans without it affecting your budget.
As you spend money on normal purchases, like gas or coffee, we apply the difference to your SLOAN account. For the convenience of moving your Round-Ups, we charge only 50 cents for each $5 Round-Up transfer.
|Items Purchased||Round-Up Value|
|Fast Food: $7.11||$0.89|
|Gym Membership: $49.50||$0.50|
|Total Round-Up Value: $5.26|
This amount will be transferred to your FDIC-insured SLOAN account each time it reaches $5.
It’s that easy? Yes! Spend $2.45 on your next cup of coffee and you just put $0.55 towards your student loan. Round-Ups eat away at your debt without you even noticing.
Round-Ups can be done as many checking and debit accounts as you wish and apply to any of your student loan payments. To speed up payments even more, Round-Ups can be added from parents or loved ones too.