Roundups are a way to help you save automatically - every time you spend using your SoFi debit card. If you enable Roundups, each purchase on your SoFi Money debit card will be rounded up to the next whole dollar. That amount will automatically be transferred from your spending balance to the Vault of your choice.
As an example, a purchase of $1.40 on your SoFi Money debit card can be rounded up to $0.60 and transferred to your Emergency Fund Vault. Purchases in whole dollar amounts (e.g. $5.00) will not be eligible for Roundups.
You can change your Roundup settings at any time by going to your SoFi Money account, clicking Vaults, and clicking the Manage Roundups link.
Commonly Asked Questions
| Question | Answer |
| Can I apply my Roundups to more than one Vault? | No, Roundups can only be applied to one Vault at a time. We know that many members want ways to save even faster, so look for more options in the future. |
| What happens if I don’t have enough funds for a roundup? |
Don't worry! Each time you make a debit card purchase, we’ll check to make sure there are sufficient funds in your account for the roundup before transferring funds to your vaults. If there aren’t sufficient funds for the roundup, we’ll skip that transaction. |
| Why don’t I see a roundup right after a purchase? | Roundups occur when a debit card purchase settles in your account. Some purchases settle immediately, others may take 1-3 days to settle, and may have a different final amount (for example, purchases with a tip). |
| Can I have Roundups if I don't use Vaults? | To activate Roundups you will need to have at least one active Vault. |