92% of
Canadians say they wish they could save more:
Now saving is easier - TD Canada Trust introduces Simply Save to
help customers reach their savings goals by paying themselves
first May 25, 2009 (Toronto, ON)
– A little goes a long way. Look after the pennies and
the dollars will look after themselves. Every little bit counts.
There is no shortage of old adages about money, and about the
virtues of saving. Canadians know that saving is important
– what they want is an effortless way to help
them put money aside. In fact, eighty-four per cent of Canadians
wish there was an easier way to save their money, according to a
recent TD Canada Trust poll. Well now there is. A new, flexible, automatic
savings program from TD Canada Trust called “Simply
Save” works with you to reach your savings goals
– whether you’re looking to put away some extra
money for a vacation or saving for a rainy day. Simply Save allows
you to automatically put a designated amount into savings every
time you make a purchase using your debit card. It’s that
easy. Plus, TD Canada Trust will contribute $10 for every $100 you
save in your first year (up to a maximum of $200). “What we’ve been hearing
from our customers is that saving is important to them and
something they could use some help with,” says Carrie
Russell, Senior Vice President, Core Banking and Payments, TD
Canada Trust. “Things are tight right now for a lot of
people. We know it can be hard to save when you’ve got a
student loan, rent or mortgage payments, bills to pay and other
obligations. We also know how important it is that people put money
away for the future. Simply Save lets you use your debit card the
same way you always do and put a little away for yourself at the
same time.” HOW IT WORKS - Sign up for the Simply Save plan by going
online to www.tdcanadatrust.com/simplysave or by visiting
your branch.
- Select an amount between $0.50 and $5.00
that you’d like to save with every debit card purchase or
ABM withdrawal.
- 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.
- 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 per
transaction, 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 .50 or $5 a
transaction, check out how your savings can grow at www.tdcanadatrust.com/simplysave and use the online
calculator – it’s almost as easy as
saving. FACEBOOK CONTEST – SIGN UP
AND WIN! We want you AND your friends to save
– simply. To introduce the new Simply Save program,
everyday until July 24, 2009, TD Canada Trust is giving you the
chance to win $1 for every friend on Facebook – up to
$200. You can find out more about it at www.dollarforeveryfriend.ca or under the Simply
Save Tab on TD’s Money Lounge page www.facebook.com/tdmoneylounge. ABOUT THE POLL The TD Canada Trust poll examined the savings
behaviour of Canadians. The survey was conducted by Angus Reid
Strategies from April 8 to 16, 2009 and the sample size includes a
nationally representative sample of 1,014 men and women. About TD Bank Financial
Group The Toronto-Dominion Bank and its
subsidiaries are collectively known as TD Bank Financial Group. TD
Bank Financial Group is the sixth largest bank in North America by
branches and serves approximately 17 million customers in four key
businesses operating in a number of locations in key financial
centres around the globe: Canadian Personal and Commercial Banking,
including TD Canada Trust and TD Insurance; Wealth Management,
including TD Waterhouse and an investment in TD Ameritrade; U.S.
Personal and Commercial Banking through TD Banknorth and TD Bank,
America's Most Convenient Bank; and Wholesale Banking, including TD
Securities. TD Bank Financial Group also ranks among the world's
leading online financial services firms, with more than 5.5 million
online customers. TD Bank Financial Group had $575 billion in
assets on April 30, 2009. The Toronto-Dominion Bank trades under
the symbol "TD" on the Toronto and New York Stock
Exchanges. For further
information:
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