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How Roundups work at Incredible
How Roundups work at Incredible

What to expect after you've enabled Roundups

Incredible Support avatar
Written by Incredible Support
Updated over a week ago

In the process of turning on Roundups in the app, you'll have chosen a schedule, Bi-weekly (every 2 weeks) or Monthly, by which you'd like your Roundups to be collected from your connected bank account.

Once you've completed setup, we start monitoring your bank transactions, through Open Banking, and keep a running total of what will need to be rounded up. On the day before collecting, you'll get a reminder from us of how much we're going to be collecting the next day so you know in advance.

What if a payment fails?

You'll get a notification in-app that the roundup failed but we'll also automatically retry collecting it up to 2 times in the following 2 days. If on the 3rd collection attempt it fails again, we'll cancel that collection order and no funds will be collected from your bank account.

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