Pay & Save Service

Save up easily with the new Pay & Save Service, while making your daily purchases using your debit card.

Every purchase you make using your debit card, is rounded up to the nearest €1 or €5 and the difference is transferred from your daily transactions account to your savings account. This way, savings becomes easier than ever!

You can enroll to the service instantly via Piraeus e-banking and Piraeus app!

In the following illustrative example, you can figure out how much savings you can accumulate annually, with some typical purchases.


Coffee
  • Daily
  • Transaction amount 1.50€
  • Saving amount 0.50€
182.00€
Annual Savings Amount

Light Lunch/ Snack
  • Twice a week
  • Transaction amount 4.20€
  • Saving amount 0.80€
83.20€
Annual Savings Amount

Super Market
  • Once a week
  • Transaction amount 56.30€
  • Saving amount 0.70€
36.40€
Annual Savings Amount
Total Annual Savings Amount
301.60€

Calculations have been made, rounding up the purchase amount to the nearest €1 and without daily savings amount cap.

What do I need to enroll to “Pay & Save”

Pay & Save Service is offered free of charge. In order to enroll you need:

  • a deposit account for your daily banking transactions
  • a debit card linked to the above account and
  • a savings account to which the saving amount is transferred.

Upon your enrollment to the service, you define the round-up unit of every purchase to the nearest €1 or €5. Moreover, you can set up a daily saving amount cap of €5 or €10 for better control on your finances.

You can enroll to the service:

On line

Via Piraeus e-banking and Piraeus app


At any Piraeus Bank branch

Find the closest branch

What more do Ι need to know

  • The service is available only to individuals. Corporate debit cards are not eligible for Pay & Save
  • The Savings Accounts that are eligible to be linked to the service are the following:
         – AXIZEI Savings Account, or
         – DIPLO Savings Account, or
         – BORO Savings Account or
         – yellowkid Savings Account or
         – PROODEVO Savings Account (not offered for opening)
  • The round-ups of the purchases are made on the day the account is charged (clearance date) and not on the day of the purchase.The round-ups are summed daily and a transfer of the total savings amount is made. This amount cannot exceed the daily saving amount cap you may have set.
  • You can alter the service details whenever you want, via Piraeus e-banking or at any branch:
         – Modify the linked debit card or savings account, the round up amount and/or the daily saving amount cap
         – Deactivate the service temporarily (no round-ups are made during this time)
         – Reactivate the service
  • Purchases already rounded to the rounding unit selected (€1 or €5), are not further rounded.
  • You can monitor via Piraeus e-banking the amount you have saved in the current month, year or since the beginning of the service.