Abstract: Systems and methods are provided for a banking system that permits automatic generation of a second financial account using the account holder information associated with the first financial account. Account holders to reserve funds for future bill payments in a second financial account. The account holders may submit a bill reservation request that identifies a scheduled bill event with an associated bill amount to be paid from a first financial account via a payment processor. After receipt of the bill reservation request from the account holder, the banking system transfers funds equal to the bill amount identified in the bill reservation request from the first financial account to the second financial account. The banking system also instructs the payment processor to withdraw the bill amount identified in the bill reservation request from the second financial account instead of the first financial account.

Abstract: A computer-assisted method for an automatic savings plan. The method includes calculating a savings amount from a cent amount of each of a plurality of transactions. The method also includes transferring the savings amount from a first account to at least one receiving account.