Mid American Credit Union now offers a “Boost Your Savings” program. Upon enrollment, the credit union will roundup your VISA point of sale debit card purchases (excludes ATM and cash advance transactions) to the nearest dollar and transfers the difference from your checking account to any Mid American savings account on the same member number. We may cancel or modify the “Boost Your Savings”service at any time without prior notice. “Boost Your Savings” is not available on business debit cards or HSA debit cards.
Mid American will aggregate the round-up from point of sale purchases that post to your checking account each business day and make a single transfer (“Boost Your Savings” transfer) at the end of the business day. This transfer will reduce the funds available for future transactions in your checking account. If on the business day, you do not have sufficient available funds in your checking account, or if any transaction has overdrawn your checking account, we will not round up purchases posted on that business day, and we will cancel the “Boost Your Savings” transfer for that day. If your point of sale transaction is reversed any day after the initial post date, the corresponding “Boost Your Savings” transfer will remain in the savings account.
By opting into "Boost Your Savings," all point of sale transactions done by any active debit card on the account will be eligible for the "Boost Your Savings" program.