A dime here. A few quarters there. It may not sound like much, but it can add up fast. With Multiply the Change, we'll round up every purchase you make with your Ridgewood Debit Mastercard®. Then we'll transfer that amount from your Ridgewood checking account into your Ridgewood savings account. It's just one of your debit card's many convenient features.
How Multiply the Change Works.
Enroll your Ridgewood Debit Mastercard®.
Use your card for everyday purchases, such as at the grocery store, the movie theater, your favorite brunch spot, online and more.
We'll round up all of your purchases to the nearest dollar and deduct the difference from your checking account. Then we'll make a single transfer into your Ridgewood savings account at the end of each business day.
See How Much You Could Save.
After you enroll in Multiply the Change, use your Ridgewood Debit Mastercard® for your everyday spending and watch your savings account balance grow. Here's how much you could save with these typical daily purchases:
Save $0.79 per day.
That could add up to $288.35 a year!
Activate exclusive cash-back offers at select retailers and pay for purchases with your debit card to earn cash back.
In order to utilize the Multiply the Change service, you must meet all the following requirements: Active Ridgewood Debit Mastercard® that has (1) A linked eligible checking account, such as a Ridgewood Good, Student Advantage, or Premier Checking Account, and (2) An eligible savings account, such as a Smart Move Savings, Statement Savings, Holiday Club or Vacation Club Account. The Multiply the Change service will not move funds to your designated savings account if your linked checking account has a negative balance, nor will the service create a negative balance with a round up Debit. If your Ridgewood Savings Bank Debit Mastercard® purchase is subsequently canceled or reversed, the corresponding Multiply the Change transfer will remain in the designated savings account. The Bank may cancel the Multiply the Change service or terminate your use of the service at any time without notice. The Multiply the Change service is available only for a Ridgewood Savings Bank Debit Mastercard® linked to eligible checking and savings accounts. If the checking account with the Multiply the Change service is closed or suspended or the savings account receiving Multiply the Change transfers is closed or suspended, the Multiply the Change service will be canceled. Products, services, terms and conditions subject to change without notice.