How Much Can I Really Save With SmartyPig?
Here’s an example: A $2,000 charge on an average credit card will take at least 15 years to pay off and will cost you $5,400 in principal plus interest if you only make the minimum monthly payments of roughly $30. So, when all is said and done, you would have paid around $5,400 for something that was only supposed to cost you $2,000. If you save $2,000 with SmartyPig, once you reach your goal you have $2,000 in your pocket that has earned a great interest rate. It’s your money, free and clear. Don’t owe a thing. And if you decide to redeem your hard earned funds using a retail gift card like one from Overstock.com, Macy’s, or Home Depot, you can get an additional boost of up to 12% on your money – some $240 extra bucks. That’s why we call it Simple, Smart Savings.
