What banks round your purchases to the next dollar? and Chinese banknote issued by American bank

What banks round your purchases to the next dollar?

I live in new jersey . I'm wondering which banks have that savings thing where they add up purchases to the next dollar and the change goes into yur savings accout . Other than bank of america which banks do this ?


bank best answer:

Answer by Dave W
After BofA started that, several other banks created similar programs, though I don't think they are exactly the same. For example, Capital One, which I think has branches in NJ, came up with something similar but I think they transfer 50 cents every time rather than the varying amount you get from "rounding up". The resulting amount should average out to about the same thing.

Here's an article from a couple years ago talking about a US Bank plan, but it has links to information about similar plans at Capital One and Wells Fargo (was Wachovia then) which I think is also in NJ.

http://www.depositaccounts.com/blog/2009/09/us-banks-new-savings-start-program-and.html

bank

Chinese banknote issued by American bank


Image by Canadian Pacific
For many years, hundreds of banks, both local Chinese and foreign ones, issued China's paper banknotes. This phenomenon only stopped in the 1920s.

One American bank that issued China's paper currency was the International Banking Corporation (IBC), which was founded in 1901 in Connecticut and opened a network of branches in China and Hong Kong in 1902. In 1915, National City Bank of New York (today's Citigroup/ Citibank) took over IBC. When China became a Communist country in 1949, all foreign banks were kicked out, but Citibank continued to operate in British Hong Kong.

More on the history of IBC here:
bankingmergers.blogspot.ca/2013/09/united-states-bank-mer...

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