We went out to dinner at Maria's Italian food a few nights ago, and used my bank card to pay for dinner. I use the same card everyplace I go, its both ATM or Credit, takes the balance right out of my checking account, so no balance builds up.
On the bill was a new line I have never seen before, and I use this card daily. Under the total was a line called "Rounding up", meaning you could take the total and round the amount up, in this case it was $47.75, so it asked if I wanted to round it up to $48.00.
Why would anyone do that, and why are they doing this at all? I herd something about B of A doing this and depositing the rounded up amount into a savings account, but this is not a B of A card.
Anyone else seen this or even do it if you have? If they propose rounding up, they should be rounding down to the next whole dollar. Chipotle was just in the news for tacking of pennies and cheating customers.