Make the most of Save’s earning potential and ensure that you don’t leave money on the table from your everyday spending.
Rewards are one of the biggest perks of using a debit or credit card.
The Save® Debit Invest Card offers cashback in the form of investment returns. With average returns of 2.93% without category requirements,¹ Save gives customers a chance to earn more from their everyday spending than some of the best rewards programs.
Here are five strategies to help make your spending more rewarding this year.
1. Make the Save Debit Invest card your primary payment method
If you’re currently using an ordinary debit card to do your everyday shopping, you might be missing out on potential rewards.
The best way to maximize your reward potential is to use your Debit Invest card as your primary payment method. Using your Debit Invest card for all your qualified purchases helps you earn more from the money you’re already spending.
Consider monthly household essentials like groceries. Using a regular 1% cashback debit card to do your $400 grocery shopping each month will only give you $4 in cashback rewards.
With Save’s average return potential of 2.93%, you can earn $10 from your grocery spending.
You can also easily keep track of your rewards by logging into the Save App or the Online Portal.
2. Earn $1,500 in equivalent portfolio investments with referrals²
For each friend you introduce to Save, you’ll both receive an extra $1,500 in equivalent portfolio investments.2
Here’s how it works:
1. Share your unique referral link.
2. Once your referral is signed up, each of you must spend $250 on qualified purchases.
3. You and your friend each get $1,500 in equivalent investments added to your portfolio.²
4. After a little more than a year, the investment matures, and your returns (minus Save’s fee) are deposited into your account for you to use however you’d like.
You can refer as many friends and family members as you’d like. Each successful referral enhances your potential returns as well as theirs.
3. Be strategic about your large purchases
Another way to rack up more rewards is to use Save for your big-ticket purchases.
Save has no spending cap, so every qualified purchase you make, no matter how big, will be matched with an equivalent investment.3
Let’s say you’re planning to spend $4,000 on new furniture for your house this year. You can purchase it with your Debit Invest card, and Save will match what you spend and invest $4,000 on your behalf.3
In a year, assuming the average annual return is 2.93%¹, you can earn an investment return of $118 from one single purchase (net of fees).
Whether you’re booking a family cruise or shopping for Black Friday deals, use Save for your large qualified purchases throughout the year so you can maximize your earnings.
4. Take advantage of bonus offers
Bonus offers and promotions are a great way to boost your earning potential.
During Save’s 2021 Christmas promotion, every qualified $1 spent was matched with $2 of equivalent investments. This bonus offer allowed Save customers to double their potential rewards from their Christmas shopping.
Soon, you’ll be able to take advantage of more ways to earn investment returns with the Save Wealth card. Besides a 6.04%4 return potential on all purchases, the Premium Wealth card rewards customers with an even higher return potential when they shop from select brands like Amazon, Apple, Whole Foods, and more.
Ensure you don’t miss out on any upcoming offers and promotions, check your inbox for our newsletter, or follow Save on Twitter, Instagram, Facebook, or LinkedIn for the latest updates.
5. Set up a direct deposit
Picture this. You’re out for dinner with your friends and decide to pay the bill using your Debit Invest card.
There’s only one problem –– you forgot to transfer funds to your account. Now you’re missing out on potential investment returns, meaning you’re potentially leaving money on the table.
A simple solution to avoid missing out on rewards is to always make sure you have funds in your account by setting up a direct deposit for your payroll to your Save account. Here’s a step-by-step guide to help you get started.
This way, your account will automatically be replenished, so you don’t have to worry about adding funds to it or missing out on an opportunity to earn rewards.
1 Average annual returns are based on hypothetical back-tested performance in the Save Moderate Portfolio from 2006 to present and are shown net of fees. Hypothetical back-tested performance is no guarantee of future performance and actual results will vary. Returns are subject to change daily. Minimum return will always be at least 0%. The return figures shown are for informational purposes only and are not actual customer returns. For more detailed information please see Hypothetical Back-testing.
2 For each successful referral, Save buys a strategy-linked security for each party whose investment value is equivalent to $1,500.
3 For each qualified dollar spent using the Save Debit Invest card, Save buys a strategy-linked security whose investment value is equivalent to the dollar spent.
4 Average annual returns are based on hypothetical back-tested performance of the Save Moderate Portfolio from 2006 to present and are net of fees. To achieve the return on the Save Wealth Card, Save purchases a strategy-linked security whose investment value is approximately two times the dollar spent. Hypothetical back-tested performance is no guarantee of future performance and actual results will vary. Returns are subject to change daily. Minimum return will always be at least 0%. All return figures shown are for informational purposes only and are not actual customer returns. For more detailed information please see Hypothetical Back-testing.
