What is Card Auto-Save?
Card Auto-Save allows all One account holders to automatically save with every card transaction* We round up your One card transactions to the next whole dollar, and each day we transfer that into your Auto-Save Pocket, earning 3.00% annual percentage yield (APY)**
How do I get started?
Head to your Auto-Save Pocket and simply turn on Card Auto-Save.
What pocket are Card Auto-Save funds pulled from?
Funds are only transferred from your Spend Pocket to your Auto-Save Pocket.
What happens if my Spend Pocket goes below $0?
If you don't have enough money in your Spend Pocket, no Card Auto-Save transfer will be made that day.
How often are Card Auto-Save transfers made?
All transfers made when Card Auto-Save is enabled will be made based on card transactions finalized on the previous day. If you make multiple transactions in a single day, you will see a single transaction made to your Auto-Save Pocket that contains the sum of all rounded up amounts from completed transactions in the previous day.
For example: A $2.50 purchase will round up by $0.50 and a $2.70 purchase will roundup by $0.30. If those were the only two transactions you made, you'd Auto-Save $0.80 the next day!
What is the minimum or maximum amount that can be rounded up?
Card transactions must be complete (“settled”) before the rounded amount is moved to Auto-Save. Each card transaction is eligible for $0.01 to $1.00 to move into Auto-Save.
How does Card Auto-Save and shared pockets work?
If you're sharing pockets with One, only transactions made with your One card will count toward your Card Auto-Save. If you leave a shared pocket before your Card Auto-Save transfer occurs, you may not receive a round-up when that transaction completes.
Do I need Direct Deposit setup to utilize Card Auto-Save?
No. Card Auto-Save is available to anyone who activates it in their (web) app, and who spends on their One card.
Will Card Auto-Save work if I have maximized the 1K paycheck Auto-Save contribution?
Yes! Even if you have hit the $1,000 cap through direct deposit into Auto-Save, Card Auto-Save will still move funds from your Spend Pocket to Auto-Save.
* Excludes money transfers, ATM withdrawals, and peer-to-peer payments.
**Annual Percentage Yield effective as of 6/1/2020 and subject to change