Change Saver™ Frequently Asked Questions (FAQs)

What do I need to enroll in the ChangeSaver™ program?

To enroll in ChangeSaver, you will need a Bell State Bank & Trust personal checking account (with a debit card) and a Bell State Bank & Trust savings account.

How do I sign up?

Current customers:
There are 2 ways to sign up for ChangeSaver.

  1. Sign up by phone by calling 701-298-1550.
  2. Stop by any Bell State Bank & Trust location.

New Customers:
There are 3 ways to sign up for ChangeSaver.

  1. Sign up by phone by calling 701-298-1550.
  2. Stop by any Bell State Bank & Trust location.
  3. Open a checking and savings account online.

After I sign up for the ChangeSaver savings program, when will the money transfer from my checking to ChangeSaver savings begin?

You will begin seeing your savings round-ups, or additional $1 or $2, within 48 hours of enrolling in the ChangeSaver program.

If I have a joint checking account, and both owners have debit cards, will ChangeSaver apply to both cards?

Yes. When you sign up for the ChangeSaver program, enrollment applies to all debit card transactions tied to the checking account. You can not have only one debit card enrolled in the ChangeSaver program.

How often are my round-ups, or $1 or $2 transferred to my savings account?

The round-ups, or $1 or $2 from your debit card purchases are transferred daily from your checking account to your savings account. However, if you do not have sufficient available funds in your checking account or if any transaction has overdrawn your checking account on a business day, we do not round up purchases posted on that business day, and we cancel the ChangeSaver transfer for that day.

Does ChangeSaver work any differently if I choose “Debit” (and enter a PIN) or “Credit” (and sign my name) at the store?

All debit card transactions will result in a ChangeSaver contribution except if the transaction ends in $.00. However, if you sign up to add $1 or $2 to each transaction, this will still occur on all debit card transactions.

What if I return an item that I purchased with my debit card? What will happen to my debit card round-up transfer?

If your debit card purchase is subsequently cancelled or reversed (for example, through a returned purchase), the corresponding daily round-up transfer will remain in the savings account. Credit transactions or adjustment transactions will not be rounded up.

What if I overdraw my checking account?

A daily transfer will not occur in any of the following situations:

  • A negative balance already exists
  • The transfer will create a negative balance (i.e. will overdraw your account)

What is the match rate?

Bell State Bank & Trust will match 5% of your ChangeSaver round-ups. The maximum match is $250 per year.

Please note: The 5% match will be reported to the IRS on Form 1099INT.

When will I get my bank match?

The matching funds will be credited to your savings account. This will take place December 31 each year. To receive the matching funds, your checking and savings accounts must be open and in good standing, and you must still be enrolled in ChangeSaver.

If I decide to quit participating in the ChangeSaver savings program, or I close my account, do I still get a 5% match at the end of the year?

You need to be enrolled in ChangeSaver and have your checking and savings account open on the last day of the year to receive your 5% match for the year. If you close either account before the end of the year, matching funds are forfeited.

How can I keep track of my ChangeSaver savings?

You can view your ChangeSaver round-ups, or extra $1 or $2 by viewing transaction history for your savings account through personal online banking, or on your savings account statement.

Do I need to maintain a certain balance in my savings account?

Bell State Bank & Trust has a variety of savings accounts available with varying minimum balances.

How do I stop my ChangeSaver savings program?

If you want to stop your ChangeSaver program, visit one of our locations or call 701-298-1550. Customer service representatives are answering the phones Sunday through Saturday from 7 a.m. to 11 p.m.


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