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How It Works

Opening a FREE online savings account with SmartyPig is not only simple, but rewarding, as well. With just a few clicks, your account can be up and running, with you on the fast track toward realizing the goals you've set for yourself. How simple is it? This simple:

1. Create an account

Just the facts: some information about you and some about your bank for your FDIC-insured accounts. Safe, secure, and as easy as 1-2-3.

2. Set up goals

Now the fun part. Tell us what you want. A new kitchen, a dream vacation, holiday gifts without the hassle of debt? It can be virtually anything. Not sure how much you need to save? No worries. Try our new interactive calculator and figure out exactly how much you need to sock away each month to reach your goals.

3. Start saving

How much do you want to save? When do you need it? Just give us the particulars and we'll suggest a monthly contribution that will be automatically deducted from your existing checking account or other designated funding source.

It's Social

Let your friends and family help you save by making your account public - or don't, by keeping it private. You decide. SmartyPig gives you the option to reach your savings goal faster than you could ever imagine by inviting your family and friends to help you save, all while keeping your personal information safe and secure. Birthdays, holidays, graduation? Forget the stuff you don't want. Tell them to log onto SmartyPig.com and help you reach your goal. You can even grab the SmartyPig widget off your Account page and place it on your Facebook or MySpace page to give the whole world the opportunity to help you reach you savings goal.

Contribute At Any Time

If you find yourself with some extra money one month, you can add that toward your goal before you have a chance to spend it on something else using SmartyPig too. In the case that you have contributed extra towards your goal (or your friends and family have), you're able to reduce your monthly contributions to the minimum amount that would allow you to still reach your goal on time.

4. Reach your goals

Congratulations! Once you've reached your goal you're given 3 unique options of receiving your funds. All at no additional cost! Option 1: Receive your savings plus interest on the flexible SmartyPig MasterCard® debit card (which can be used anywhere MasterCard® is accepted). Option 2: To stretch your savings dollar even further (a boost of up to 6.00%), receive your savings plus interest on a gift card from some of the country's top retailers. Option 3: Transfer the savings plus interest back to your existing checking or savings account (ACH). Now that's simple, smart savings!

Let’s Get Started!