Save & Spend Duo
Get more perks when you bundle Duo Checking and Duo Savings accounts!
Call us at 800-341-9911 or visit an office
Save & Spend Features
- Duo Checking with Debit Roundup1 for automatic savings with every purchase
- Duo Savings earns a great rate on the first $10,0003
- $5 monthly fee is waived when you make 20 debit card purchases each month and use online or mobile banking4
- No minimum balance to open or maintain Duo accounts
- No direct deposit requirement
Duo Savings Balance Tier |
Savings Rate |
| On the first $10,000 | 3.00% APY2 |
| Amounts over $10,000 | 0.40% APY2 |
See How Our Save & Spend Duo Works
Debit Roundup
This feature is meant to help you reach your savings goals! Debit Roundup automatically rounds up debit purchases to the next whole dollar and deposits the roundup amount to Duo Savings at the end of each day to earn dividends.
- For example, a purchase for $4.70 is rounded to $5.00 and $0.30 is deposited to Duo Savings.
- Purchases made using your debit card, digital wallet, or debit card number are rounded up.
- Debit Roundup is enabled by default but can be turned off on request.
- If Debit Roundup would overdraw your account, the roundup is cancelled.
When are Debit Roundup funds transferred to a Save & Spend Duo Savings account?
Roundup transactions will occur at the end of each day. The roundup transaction will include the sum of the rounded up amounts for debit purchases that were posted to the enrolled account that day.
What types of debit transactions are eligible for the Debit Roundup feature?
To qualify, transactions must be a purchase, not an ATM withdrawal or a credit/return transaction. As long as transactions are purchases, both debit (or PIN) transactions and credit transactions are included in Debit Roundup. Transactions made using your debit card number online and via a digital wallet are also included in the Debit Roundup feature.
Take Control With Online & Mobile Banking
- Real-time alerts can notify you of low and high balances, deposits and withdrawals, and loan payment reminders.
- Card Management lets you freeze a lost or stolen card, order a replacement card, view card transactions, and more.
- Move money between your accounts, pay bills, or send funds to other people.
- Check your credit score for free.
- Deposit checks from anywhere with the mobile app.
- Enroll in paperless statements to enjoy faster statement delivery, enhanced security, and easier organization.
Frequently Asked Questions
What is Royal’s Save & Spend Duo account?
Royal’s Save & Spend Duo combines a Duo Checking account and a Duo Savings account to help Members manage everyday spending while building savings automatically. The account includes Debit Roundup, a high-yield savings rate, and no minimum balance requirement.
How does Debit Roundup work?
Debit Roundup rounds eligible debit card purchases to the next whole dollar and transfers the difference into your Duo Savings account. For example, if you make a purchase for $4.70, the transaction is rounded to $5.00 and $0.30 is transferred to savings. Roundup transfers are processed at the end of each day.
What ATMs can I use with Smart Checking?
Royal is part of the MoneyPass network, so Members can use more than 40,000 surcharge-free ATMs nationwide for easy access to cash at home or while traveling. You can use our ATM locator to find a surcharge-free ATM near you.
What types of transactions qualify for Debit Roundup?
Eligible transactions include debit card purchases made in person, online, or through a digital wallet. ATM withdrawals, credits, returns, and other non-purchase transactions do not qualify for Debit Roundup.
What happens if a Debit Roundup transfer would overdraw my account?
If a roundup transfer would cause your account to become overdrawn, the roundup transfer is canceled. This helps ensure that automatic savings transfers do not create an overdraft situation.
Does Save & Spend Duo earn dividends?
Yes! Duo Savings earns a higher dividend rate on the first $10,000 in the account, helping Members grow their savings while continuing to have access to their funds.
How can I avoid the monthly fee on Save & Spend Duo?
The $5 monthly fee is waived when you make at least 20 debit card purchases during the calendar month and log in to online or mobile banking once every 90 days.
Can I turn Debit Roundup off?
Yes. Debit Roundup is enabled by default, but Members can request to have the feature turned off if they prefer not to use automatic roundup transfers.
Is Royal’s Save & Spend Duo a good account for people who struggle to save money?
Many people find automatic savings tools easier to stick with than manually moving money into savings. The Save & Spend Duo helps create a savings habit by automatically setting aside small amounts from everyday spending, making saving feel more manageable and rewarding over time.
How To Get Started
We offer many easy ways to open an account with Royal Credit Union
Apply Online Now
Complete our easy online application and get a decision fast.
Visit An Office
Instead of applying online, schedule an appointment at an office to apply.
Need Help?
If you have questions or need help, call our lending team at 800-341-9911 or visit our contact page.
Insured by NCUA. No minimum balance required to open Duo accounts or earn APY. 1Debit Roundup rounds up physical debit card, digital wallet, or debit card number purchases to the next whole dollar and deposits the roundup amount to Duo Savings daily. 2APY = Annual Percentage Yield. Rates subject to change at any time without notice. 3The first $10,000.00 in the Duo Savings account will earn 3.00% APY; balances over $10,000.00 will earn 0.40% APY. APYs current as of 2/23/26; last changed 2/23/26. 4Fees could reduce balance and earnings. Duo Checking will incur a $5 monthly fee unless 20 debit card purchases are posted to the account that calendar month and at least one account holder has logged in to online or mobile banking within the past 90 days.