TD is offering one of those programs that I can’t imagine people saying no to.
For every debit transaction you make, they’ll move a set amount (50 cents to 5 dollars, your choice) from your chequing account to your savings account. And, once you’ve moved $100 to your savings account that way, they’ll give you $10.
I asked her what the catch was. She said there was none. I signed up.
Of course, it just seems natural to me. I love to save. The majority of my money sits in my savings account, collecting the little bit of interest it can. And my RESP… I’m in my last year, but I have yet to clean it out. If I can get one more month of interest, I will!
Hmm… maybe I’ve taken after my Dutch forefathers a little too much if $10 every 50 transactions has me excited…