Saving money is a task that can be difficult and can seem impossible to most people. With targeted advertisements on your phone as well as any media you interact with, it is hard to focus on your savings. Services like Amazon Prime, Shipt and DoorDash provide instant gratification that result in impulsive spending. Although there are many avenues to spend, there are also ways to save.
Legacy has rolled out a new savings feature to help our members save money in a way that is out-of-sight and out-of-mind. Legacy presents “Incentive Savings.” This feature rounds-up your Legacy debit card purchases to the nearest dollar and places the extra funds into your Incentive Savings account. These savings will earn 5% APY* interest for the first thousand dollars saved. This adds an additional benefit to spending. Our members now save while they spend.
The savings from this feature are small, but over time, they will become substantial enough to go towards new tires for a vehicle, a much needed home repair, college tuition etc. We know this feature will help our members craft a financial legacy that benefits them and their family.
If you currently have a Legacy debit card, all you need to do is contact our Call Center at: (205) 930-5000 and ask to have this feature activated. If you’re not a member, you can join by completing our online on-boarding process, or you can visit one of our eight branches located in the Greater Birmingham area. If you have any questions, feel free to email [email protected] or call (205) 930-5000.