SpendSave is an easy way to grow your savings without thinking about it. Every time you make a purchase with your Lake City Bank Visa debit card, the total is rounded up to the nearest dollar. The spare change is then automatically transferred to your linked Lake City Bank savings account.

• Log in to Lake City Bank Digital.
• Navigate to SpendSave on the menu.
• Follow the on-screen prompts to register, select your Lake City Bank checking and savings accounts, and choose your roundup preferences.
• You’re all set—future debit card purchases will begin rounding up!

If you spend $4.25 on lunch, SpendSave will create a transfer for the amount based on the difference to the nearest dollar. The extra $0.75 will be moved from your checking account to your selected savings account once the transaction posts and clears.

SpendSave works with eligible Lake City Bank personal checking accounts linked to a personal savings account. Estate Checking, Restricted Checking, Personal DIP Checking, Health Savings Accounts, and business accounts are not eligible. You must have a Lake City Bank Visa debit card tied to your eligible Lake City Bank personal checking account.

Yes. SpendSave is only available through Lake City Bank Digital.

If you’re using a joint checking account, both account holders may see roundup transactions. Only one person needs to enroll, and settings will apply to all debit card transactions from that account.

Yes. You can choose to split your roundup between your savings and a verified charity. You’ll be able to set your preferred split in 10% increments (e.g., 70% to savings, 30% to charity).

If the roundup can’t be split evenly between savings and charity, the extra penny will go to your savings account.

Absolutely. You can update your settings, including how you split roundups between saving and giving, within Lake City Bank Digital.

Not at this time. All eligible debit card transactions are included automatically. You can always turn the feature off or adjust how much of each roundup goes to savings or charity.

Currently, roundups are limited to the amount needed to reach the next dollar. For example, if you spend $3.90, only $0.10 will be rounded up. There is no option to customize round-up per transaction, but you can set donation limits within SpendSave for Impact.

Yes, all debit card purchases will be rounded up—whether they’re in-store or online—unless they are pending or excluded for another reason (e.g., ATM withdrawals).

Only settled debit card purchases are eligible. ATM withdrawals, deposits, and balance inquiries are not eligible for roundups.

Roundup amounts are transferred after your debit card transactions post and clear—usually within 24 hours.

If you return a purchase, the original roundup will not be reversed. However, it won’t generate another roundup when the return is processed.

Roundups are combined and transferred as separate transactions. You’ll see these as single line items in your transaction history, not itemized by each purchase.

If your balance is too low, the roundup transfer won’t happen. If you’ve chosen to split your roundup, the savings portion takes priority. Transfers will resume the next day once funds are available.

You can disable the feature anytime:

• Log in to Lake City Bank Digital
• Navigate to SpendSave on the menu.
• Go to Settings
• Turn off Roundups
• Confirm you want to turn off roundups
• Future purchases will no longer round up.

There’s no cap on how much you can save. Your savings grow based on how often you use your debit card and the roundup amounts from each purchase.

SpendSave for Impact lets you support a cause you care about every time you make a purchase. Your Lake City Bank Visa debit card transactions are rounded up to the nearest dollar, and the extra change is donated to a verified charity you choose.

• Log in to Lake City Bank Digital.
• Navigate to SpendSave on the menu.
• Follow the on-screen prompts to register and select your Lake City Bank checking and savings accounts.
• Follow the on-screen prompts to learn how to donate.
• Select your verified charity.
• Choose how to divide the round up between charity and savings and click Turn On My Impact.
• You’re all set—future debit card purchases will begin making an impact!

You can choose from a list of IRS-qualified charities available within Lake City Bank Digital. If your favorite cause isn’t listed, it may not currently be part of our donation platform.

A full list of available charities and causes can be found in the SpendSave for Impact section of Lake City Bank Digital.

You can search by the charity’s name or EIN (Employer Identification Number) within Lake City Bank Digital to ensure you’re selecting the right organization.

After your roundup posts and clears, the amount is collected and processed by our charitable giving partner. Donations are distributed monthly to the charities.

After your roundup donation is processed, it can take up to 45 days for the funds to be received by the charity.

Some charities may require a minimum total before a donation is processed. In most cases, your roundups are accumulated until the threshold is met and then donated.

Yes. Monthly donation receipts are available in Lake City Bank Digital by the 5th business day of each month.

Yes, donations made through SpendSave for Impact are generally tax-deductible. You’ll receive monthly receipts and annual donation summaries for your records, but we recommend consulting a tax advisor for guidance on deducting charitable contributions.

Yes. You can choose a weekly or monthly donation limit when you enroll in SpendSave for Impact.

Yes. You can change your charity selection at any time within Lake City Bank Digital.

Your donation details may be shared with charities you support only if you opt-in to share it with the charity. You can opt-in to share your information in the SpendSave for Impact settings.

Yes. When you enroll in SpendSave for Impact, you can choose whether or not to share your name and contact information with the charity you support.

A small processing fee helps securely transfer your donation to the charity. The fee is automatically deducted from the roundup amount. The fee for roundup donations within Lake City Bank Digital is significantly lower than industry average (2.05% in Lake City Bank Digital compared to 5-8% on most online donation platforms).

All donation transactions are processed securely, and your personal and financial information is protected. We only share necessary donor information with charities when you choose to do so.

You can disable the feature anytime:

• Log in to Lake City Bank Digital
• Navigate to SpendSave on the menu.
• Go to Settings
• Turn off Roundups
• Confirm you want to turn off roundups
• Future purchases will no longer round up for donations.

If either your enrolled checking or linked savings account is closed, SpendSave transfers will stop.

No. If your debit card is lost or replaced, your SpendSave settings stay active. Roundups will resume once your new card is issued and activated.

Yes. If you open a new eligible personal checking account, you’ll need to enroll that new account in SpendSave manually through Lake City Bank Digital.

Roundups are processed as separate transfers, not part of the card transaction itself. If you see a fraudulent purchase, you’ll need to dispute the original transaction. If you believe a roundup transfer was also impacted, you can contact us to review it separately.

No. SpendSave has no impact on your FDIC coverage. Your funds in Lake City Bank personal checking and savings accounts remain insured as usual.