Man hugging child and smiling outside on a sunny day in front of some trees
For customers who value an easy and convenient way to earn interest on savings, Achieve More Savings provides these advantages –
Associated Fees:
* Offer valid beginning November 14, 2024 and may be eliminated at any time. Account is available to individuals only. Requires minimum $200.00 opening deposit. APY refers to Annual Percentage Yield. Account balances of $0.00 to $24,999.99 will earn 0.75% APY, account balances of $25,000.00 to $149,999.99 will earn 0.80% APY, and account balances of $150,000.00 and over will earn 2.15% APY. APY is accurate as of November 14, 2024. Rates are subject to change at any time. Minimum balance is $200 and a $5.00 monthly Account Service Fee applies if balance falls below minimum. Transfers from a savings account to another account or to third parties by preauthorized, automatic, telephone, or internet transfers are limited to six per month with no transfers by check, draft, debit card or similar order to third parties. A $5.00 service fee applies for each withdrawal exceeding six. Fees may reduce earnings. Other fees or restrictions may apply.
For customers who value an interest bearing account with access to funds and check writing privileges, Achieve More Money Market Account provides these advantages –
Associated Fees:
* Offer valid beginning November 14, 2024 and may be eliminated at any time. Account is available to individuals only. Requires minimum $2,500.00 opening deposit. APY refers to Annual Percentage Yield. Account balances of $0.00 to $74,999.99 will earn 0.75% APY, account balances of $75,000 to $149,999.99 will earn 0.95% APY, and account balances of $150,000.00 and over will earn 2.50% APY. APY is accurate as of November 14, 2024. Rates are subject to change at any time. Minimum balance is $2,500 or an average collected balance of $5,000 and a $10.00 monthly Account Service Fee applies if balance falls below minimum. Transfers from a Money Market account to another account or to third parties by preauthorized, automatic, telephone or internet transfers or by check, draft, debit card, or similar order to third parties are limited to six per statement cycle. A $15.00 service fee applies for each withdrawal exceeding six. Fees may reduce earnings. Other fees or restrictions may apply.
For the young savers learning good saving habits, a Providence PALS savings account for minors provides these advantages –
Associated Fees:
* Transfers from a savings account to another account or to third parties by preauthorized, automatic, telephone, or internet transfers are limited to six per month with no transfers by check, draft, debit card or similar order to third parties. A $5.00 service fee applies for each withdrawal exceeding six.
For customers who value an easy and convenient way to save gradually and on a regular basis for year-end holiday expenses, the Providence Christmas Club provides these advantages –
Associated Fees:
Important Disclaimer Information:
Personal accounts limited to individuals only. Interest rates are subject to change at any time on all interest earning accounts. Account fees may reduce earnings. Other fees, activity charges and restrictions may apply to all accounts.
All trademarks and registered marks are the properties of their respective owners.
1 Downloadable App for Apple and Android users and text message banking are available. Providence Bank & Trust does not charge fees for using the basic consumer and/or business mobile banking service. Mobile deposit, a feature within mobile banking, is available to consumers with no fee and is available to businesses with no fee for deposits up to $20,000 per business day. However, if a businesses’ mobile deposits exceed $20,000 per business day, a $25 fee per month will apply. In addition, your wireless carrier may charge a fee for SMS (text) messaging and/or data usage, whichever is required for mobile banking. Other fees and restrictions may apply. All trademarks, service marks and registered marks are the properties of their respective owners.
Providence Perfect Cents Savings is a convenient and easy way to GROW your savings AUTOMATICALLY by making purchases, as you already do, like buying groceries, getting gas, going out to dinner and more!
1¢Enroll in Providence Perfect Cents Savings
2¢Make purchases with your Providence Visa® Debit Card
3¢Turn your cents into BIG SAVINGS automatically when the amount to round up your purchase to the next dollar is transferred to your Savings Account
No. Providence Perfect Cents Savings is another convenient and FREE service to Providence Bank & Trust customers.
No. Providence Perfect Cents Savings apply to debit card transactions only.
This is a limited-time bonus being offered by the Bank that will make those pennies add up. When you enroll in Providence Perfect Cents Savings, Providence Bank & Trust will match 100% of round up amount for 90 consecutive days, starting the day of enrollment, and up to a maximum of $50.00. The amount matched will accumulate for one transfer to your Savings account at the end of the 90 day period.
That’s the beauty of Providence Perfect Cents Savings. You just enroll in the program and everything else, including growing your savings, is AUTOMATIC.
Yes. All debit cards connected to the Checking Account will round up to your Savings Account.
Providence Perfect Cents Savings transfers become effective for transactions that post on the next banking day after you enroll for the service.
The round up amount for debit purchases will accumulate for one transfer to your Savings Account per day. Purchases made on weekends or holidays post on the next business day.
Your monthly bank statement will contain an itemized list of all transactions. It will show you all Providence Perfect Cents Savings transfers and the new balance of your Savings Account. Savings can also be tracked through online banking daily.
Simply round up the transaction in your checkbook every time you make a debit card purchase. For example, if you make a purchase using your debit card that is $13.24, the round up amount will be 76¢ so you would record $14.00 in your checkbook.
If you return or cancel an item, your checking account will be refunded the amount of the purchase, but the change from the transaction will stay in your Savings Account.
We will never round up purchases if the transfer will make your Checking Account negative, and we will never transfer change from a Checking Account that is already negative.
You will need a Providence Checking Account, a Providence Visa® Debit Card and Providence Savings Account.
Simply stop into any of our convenient locations and a Relationship Banker will assist you with enrollment or call us at 888-9-BELONG (888-923-5664) it’s quick and easy!
Providence Perfect Cents Disclaimer
Upon enrollment, Providence Bank & Trust will round up your Providence Visa® Debit Card purchases to the nearest dollar and transfer the difference from your checking account to your designated Savings Account. All Visa® Debit Cards connected to the checking account will round up to your Savings account. You must be an account owner on each Checking and Savings Account you enroll. Both signature and PIN transactions made with Providence Visa® Debit Cards qualify for Providence Perfect Cents Savings. Round up amounts will accumulate for one transfer to your savings per day. Providence Bank & Trust will match 100% of round up amount for 90 consecutive days, starting the day of enrollment, and up to a maximum of $50.00. The amount matched will accumulate for one transfer to your Savings account at the end of the 90 day period. Your Savings Account connected to Perfect Cents Savings requires a $25 minimum opening balance. Monthly Savings minimum balance fees will be waived provided there is at least one round up transaction per month. Savings fee structure reverts to standard account requirements if Providence Perfect Cents Savings is discontinued. Account rates are subject to change. Fees may reduce earnings. We may cancel or modify the Providence Perfect Cents Savings program at any time without prior notice. Match is reportable on IRS Form 1099.
