TORONTO, June 26 /CNW/ - Just weeks after the May 25th launch of Simply
Save, TD Canada Trust's popular new automatic savings program, the total
amount saved by customers who have signed up has already hit $5 million and
"We know that saving is a big priority for most customers, so we're
thrilled to see how quickly the savings are adding up for those who've opted
for Simply Save," says Carrie Russell, Senior Vice President, Core Banking and
Payments, TD Canada Trust. "Everyone can benefit from having a savings goal
and a strategy for getting there, and, because it allows you to effortlessly
put money aside every time you use your debit card, Simply Save can be an
effective part of any plan. We encourage people to visit us online or at a
branch to sign up and get more information about ways to save, including how
to combine Simply Save with a Tax Free Savings Account to help your savings
grow even faster."
Hundreds of thousands of people have opted for Simply Save. Why is it
such a hit? First, it's really easy. Just sign up for Simply Save online or at
any branch, choose the amount you want to save and then just carry on with
your usual transactions. Second, for a limited time, TD Canada Trust will
match $10 for every $100 saved up to a total of $200 in matching. Third, TD
Canada Trust is running a Facebook contest that makes it possible to win even
How it works
1. Sign up for the Simply Save plan by going online to
www.tdcanadatrust.com/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 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
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:
For further information: Erin Baldwin, TDBFG, Media Relations, (416)