Comments on: TD Bank Simply Save Program Offers $200 For Free – But Is It Worth It? http://adawnjournal.com/2009/06/21/td-bank-simply-save-program-offers-200-for-free-but-is-it-worth-it/ A blog on Personal Finance, Investing, Entrepreneurship, and More Thu, 19 Apr 2012 18:04:48 +0000 hourly 1 http://wordpress.org/?v=3.1 By: Nadim http://adawnjournal.com/2009/06/21/td-bank-simply-save-program-offers-200-for-free-but-is-it-worth-it/comment-page-1/#comment-2651 Nadim Tue, 13 Jul 2010 22:41:11 +0000 http://adawnjournal.com/2009/06/21/td-bank-simply-save-program-offers-200-for-free-but-is-it-worth-it/#comment-2651 I called them to see if they are still running the program. They are!@ I used to be able to do 20 transactions a month, and I did, and it really helped. Simply Save is the best. I even transfer funds out of it, and there is no penalty I called them to see if they are still running the program. They are!@ I used to be able to do 20 transactions a month, and I did, and it really helped. Simply Save is the best. I even transfer funds out of it, and there is no penalty

]]> By: Anonymous http://adawnjournal.com/2009/06/21/td-bank-simply-save-program-offers-200-for-free-but-is-it-worth-it/comment-page-1/#comment-1612 Anonymous Tue, 06 Oct 2009 23:30:42 +0000 http://adawnjournal.com/2009/06/21/td-bank-simply-save-program-offers-200-for-free-but-is-it-worth-it/#comment-1612 While I certainly won't go out of my way to rack up 400 transactions, the way I look at it is that - At the max. or $5/transaction, I put $100 into my savings account after 20 transactions - The $100 in my savings account yields me a $10 bonus - Therefore, each transaction is worth $10/20 = $.50 Considering most cash-back credit cards only yield a 1% rebate (2% at most), that's a pretty good deal for withdrawing cash (usually no bonus) or making small purchases (when a cc purchase would yield only a few cents in rebates) While I certainly won’t go out of my way to rack up 400 transactions, the way I look at it is that

- At the max. or $5/transaction, I put $100 into my savings account after 20 transactions
- The $100 in my savings account yields me a $10 bonus
- Therefore, each transaction is worth $10/20 = $.50

Considering most cash-back credit cards only yield a 1% rebate (2% at most), that’s a pretty good deal for withdrawing cash (usually no bonus) or making small purchases (when a cc purchase would yield only a few cents in rebates)

]]> By: T.R. http://adawnjournal.com/2009/06/21/td-bank-simply-save-program-offers-200-for-free-but-is-it-worth-it/comment-page-1/#comment-1418 T.R. Thu, 27 Aug 2009 20:38:18 +0000 http://adawnjournal.com/2009/06/21/td-bank-simply-save-program-offers-200-for-free-but-is-it-worth-it/#comment-1418 Agreed! Mainly why I cancelled simply save on my account. I didn't understand why I had to spend to save my money!! Agreed! Mainly why I cancelled simply save on my account. I didn’t understand why I had to spend to save my money!!

]]> By: A.D. http://adawnjournal.com/2009/06/21/td-bank-simply-save-program-offers-200-for-free-but-is-it-worth-it/comment-page-1/#comment-1364 A.D. Thu, 13 Aug 2009 22:24:35 +0000 http://adawnjournal.com/2009/06/21/td-bank-simply-save-program-offers-200-for-free-but-is-it-worth-it/#comment-1364 Thanks, Martin. If possible, please let us know the outcome. Thanks, Martin. If possible, please let us know the outcome.

]]> By: Martin http://adawnjournal.com/2009/06/21/td-bank-simply-save-program-offers-200-for-free-but-is-it-worth-it/comment-page-1/#comment-1363 Martin Thu, 13 Aug 2009 16:30:22 +0000 http://adawnjournal.com/2009/06/21/td-bank-simply-save-program-offers-200-for-free-but-is-it-worth-it/#comment-1363 Very nice article, the following should be highlighted in red : "If your TD bank account does not have unlimited transactions, it is likely that you will end up paying more than $200 to get $200." Since I already registered for this free money. Now I am going to see how many transactions can I do per month. Thanks again. Very nice article, the following should be highlighted in red :
“If your TD bank account does not have unlimited transactions, it is likely that you will end up paying more than $200 to get $200.”
Since I already registered for this free money. Now I am going to see how many transactions can I do per month.
Thanks again.

]]> By: Personal Finance and Kids | A. Dawn Journal http://adawnjournal.com/2009/06/21/td-bank-simply-save-program-offers-200-for-free-but-is-it-worth-it/comment-page-1/#comment-1183 Personal Finance and Kids | A. Dawn Journal Wed, 24 Jun 2009 02:38:49 +0000 http://adawnjournal.com/2009/06/21/td-bank-simply-save-program-offers-200-for-free-but-is-it-worth-it/#comment-1183 [...] TD Bank Simply Save Program Offers $200 For Free – But Is It Worth It? [...] [...] TD Bank Simply Save Program Offers $200 For Free – But Is It Worth It? [...]

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