Abstract: The present invention discloses a coupon savings account system for transferring coupon amounts from a store account to a purchaser's account to be used for educational or other purposes. In this system, coupon amounts are totaled and transferred to an account read from an account card. The system connects with the banking system to complete the transfer of funds from the store's account to the identified account. The system also permits transfer of matching funds by companies and organizations. The system also allows for operation of coupons according to existing practices whereby the total of the coupons is debited from the balance to be paid by the purchaser.