A roundup is what we call the spare change on your credit and debit card transactions. Automatically investing your roundups is an easy way to save, and they add up quickly! Simply link your chequing account (funding source) and your debit and credit cards (roundup sources) to your Moka account, and we’ll automate the saving and investing process for you.
For example, If you spend $3.25 on a coffee using a linked credit or debit card, we’ll automatically round up your purchase to the nearest dollar ($4.00) and put 75 cents aside in your Moka account. Every week on Monday, we add up all your roundups from the previous week, withdraw the total from your funding source, and invest the money in your goal, which is a reflection of your investment account with us.