Hey bunqers 🌈,

Each time you make a payment, our Auto Round Up feature can automatically adjust the payment to the nearest whole number you've selected and set aside the spare change. This way, you can grow your savings or investments without any effort. 

When enabled, all outgoing payments made with bunq, including those from Joint accounts, are rounded up to the nearest €1, $1, or £1. If you’d like to save even more, you can opt-in to the higher round-up amounts of: €2, $2, £2, or €5, $5, £5. 

You can then decide where the difference between your payment and the rounded amount goes. Choose between automatically transferring the spare change to your Savings Account or put it to work for you by instructing an automatic weekly purchase of your preferred stock, ETF, or cryptocurrency. 

For example, you make a payment at Albert Heijn for €19.4. You can choose to have the remaining 0.52 to be transferred to your Savings Account or you can instruct an automatic purchase of your selected stock, ETF, or cryptocurrency.

Who can use Auto Round Up? 

This feature is available for bunq Pro and bunq Elite users.

How can I set up AutoSave?

You can set up Auto Round Up for your Savings Accounts, invest in a Stock, ETF or cryptocurrency of your choice straight from the Net Wealth screen. 

Check out how in the steps below: 

1. Tap on your Net Wealth tile on top of your Home Tab

2. Scroll down and until the Auto Round Up graph

3. Tap on Settings from the top-right corner of the graph 

4. Enable the Auto Round Up toggle 

5. Select the Bank Account(s) you’d like to Auto Round Up from

6. Select the Savings Account, Stock or ETF, or Cryptocurrency you’d like to Auto Round Up to 

7. Select the multiple you’d like to round up to 

8. You also have the option to enable Auto Round Up for your Foreign Currency Savings

9. Save and you’re all done! 

Note: You can enable Auto Round Up for only 1 Savings Account, 1 stock or ETF, or 1 cryptocurrency at a time. It can also be enabled for Joint Bank Accounts, including Foreign Currency Savings Accounts.

How can I exclude one or more accounts from Auto Round Up?

1. Tap on your Net Wealth from your Home Tab

2. Scroll down and until the Auto Round Up graph

3. Tap on Settings from the top-right corner of the graph

4. Go to the Save From

5. Exclude the Bank Accounts, by unticking them from the list

6. Done!

How does Auto Round Up work for my Crypto? 

When you select to enable Auto Round Up, you instruct Kraken to automatically purchase your preferred cryptocurrency with your accumulated Auto Round Up funds. Let’s break down how this works. 

If you decide to enable Auto Round Up for Crypto, every time you make a payment, we'll round it up and set your spare change aside in an internal bunq account. We’ll transfer this amount to Kraken, who will execute your instruction to purchase the selected cryptocurrency every Friday at 15:00 UTC with the accumulated amount from the week’s rounded up sum, at the market price. 

The Crypto purchase, executed on your behalf by Kraken, is subject to the regular Crypto fees and spread. All Crypto services are provided by our Crypto partner, Kraken (Payward Europe Solutions Limited).  

What are the risks of investing in Crypto? 

Always consider the risks before investing in Crypto. Here’s what you should keep in mind: 

• Crypto prices move fast. The final price of your investment is locked in only after the trade is fully confirmed on the network, which takes place on Fridays at 15:00 UTC. 

• Since your instruction to purchase Crypto with Auto Round Up is executed every week automatically, your crypto balance can grow fast. Check your portfolio regularly to make sure that you’re comfortable with your total crypto investments. 

• Crypto investments aren’t covered by the Dutch Deposit Guarantee Scheme.  

• You can stop the Auto Round Up feature for Crypto at any time by disabling the Auto Round Up feature in your bunq App. 

You can read more about the risks of investing in Crypto here link.

Can I see how much I’ve saved?

If you set up Auto Round Up for: 

• A Savings Account: you’ll receive a notification every Monday showing how much you’ve saved through the previous week. 

• Stock or ETF: you’ll be able to see how much spare change you’ve invested in your Weekly Portfolio Update. 

• Cryptocurrency: you’ll be able to see how much crypto you’ve bought in your Crypto Wallet, each Friday after 15:00 UTC. Keep in mind that each crypto purchase from your Auto Round Up is subject to the regular Crypto fees and spread. 

Want to see the total of how much you have saved or invested from each payment? Follow the steps bellow:

1. Go to your Net Wealth 

2. Scroll down until you find the Auto Round Up graph

3. See the total amount you made from Auto Round Up this month in the chart

How can I stop Auto Round Up into my Savings, Stock and ETFs, or Crypto? 

You can disable the Auto Round Up feature at any time — straight from your bunq App. Just follow the steps below: 

1. Tap on your Net Wealth tile on top of your Home Tab

2. Scroll down and until the Auto Round Up graph

3. Tap on Settings from the top-right corner of the graph 

4. Disable the Auto Round Up toggle 

5. Save and you’re all done!

Good to know

• Every outgoing payment is listed in the Events tab of the relevant Bank Account. By tapping on a payment event, you can view detailed information about the payment and the amount saved or invested, including which Savings Account, stock or ETF, or cryptocurrency it was allocated to.

• You can select the Bank Accounts you want to save from in the Auto Round Up settings, these can be Joint accounts as well.

• You can enable Auto Round Up to 1 Savings Account, 1 stock or ETF, or 1 cryptocurrency at a time.

• All outgoing payments will be included when Auto Round Up is enabled.

• We offer Savings Accounts in multiple foreign currencies. Therefore, payments made via Foreign Currency accounts will receive the saved amount in the corresponding Foreign Currency Savings Account.