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TD Canada Trust Simply Save Program  

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10:49 am
June 3, 2009


angel

Guest

Is there anyone here who is familiar with this new program by TD? I heard that TD bank will contribute $10 for every $100 savings up to a maximum of $200 per year but I am not quite clear how it works.

1:07 pm
June 3, 2009


Ronnie

Guest

HOW IT WORKS

1. Sign up for the Simply Save plan by going online to
http://www.tdcanadatrust.com/accounts/simplysave or by visiting your branch.
2. Select an amount between $0.50 and $5.00 that you'd like to save with
every debit card purchase or ABM withdrawal.
3. Choose the savings account that works for you. The amount you
selected will be deposited into any TD Canada Trust savings account
you choose – even a High Interest TFSA Savings Account.
4. Save. For a night out, a weekend away – anything you want! For
example, if you decide to save $2 for every debit card purchase, you
essentially pay yourself first each time you use your debit card.
This amount will go into your chosen savings account, building
towards your goal.

DO THE MATH

If you make 25 debit card transactions a month and elect to have $2 move
into your savings account, you're saving $50 each month. And, if you sign up
for Simply Save before July 24, 2009, for every $100 you save in your first
year, TD Canada Trust will help with a $10 bonus, up to $200.
Whether you choose to save $0.50 or $5 a transaction, check out how your
savings can grow at http://www.tdcanadatrust.com/accounts/simplysave and use the
online calculator – it's almost as easy as saving.

5:05 pm
June 12, 2009


asp

Member

posts 6

Sounded interesting until I saw the fees they charge on their accounts. My current online account makes it relatively easy to avoid paying any fees. This plan with TD will only pay back a percentage of the fees you pay, so you don't come out ahead.

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TD Canada Trust Simply Save Program

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