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Saving and Investing

Round-Up Savings Calculator

Estimate how much you could save each month by rounding up everyday Australian card purchases to the nearest dollar or set amount.

Your results

Estimated monthly savings$43
Estimated weekly savings$10.00
Estimated annual savings$520

Calculation breakdown

Average round-up
Average round-up ≈ round-up amount ÷ 2 (or 1 − average cents for $1 round-ups)
Totals
Weekly savings = transactions per week × average round-up

Worked example

With 20 weekly transactions rounding to the nearest dollar and an average of 50 cents over, you'd save about $10 a week — roughly $520 a year.

Assumptions

  • Assumes purchase amounts are randomly distributed across cents, giving a predictable average round-up.
  • Excludes any account fees the round-up provider may charge.

How this calculator works

Round-up savings apps and bank features round each card purchase up to the nearest dollar (or a chosen amount) and sweep the difference into savings. Enter your typical number of transactions per week and the round-up amount to estimate your monthly and annual savings from this simple micro-saving habit.

Frequently asked questions

How much can round-ups realistically add up to?

With around 20 transactions a week rounding to the nearest dollar, many people save $200–$400 a year without noticing the difference.

Does rounding up more per transaction help?

Yes, some apps let you round up to the nearest $2 or $5 for faster savings; this calculator lets you set any round-up amount.

Is round-up savings a replacement for a savings plan?

It works well as a supplement, but larger goals usually need dedicated regular transfers alongside round-ups.

Results are estimates only and are not financial, tax, legal or credit advice.

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