$300 "FREE" from TD Canada Trust?
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Thread: $300 "FREE" from TD Canada Trust?

  1. #1
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    $300 "FREE" from TD Canada Trust?

    Has this already been posted? ($300 for opening new account)
    I plan to take advantage of it (then close account after the 3 months) Any reasons why I shouldn't?
    https://300bonus.td.com/?cid=DFA%3A1...A140948591%3A0


  2. #2
    Senior Member Beaver101's Avatar
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    ^What's the fine print? since the message from the link says:

    Sorry!

    This special offer is valid only to select individuals and is not transferable.
    Everyone should be respected as an individual, but no one idolized.-A. Einstein

  3. #3
    Senior Member carverman's Avatar
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    Quote Originally Posted by jargey3000 View Post
    Has this already been posted? ($300 for opening new account)
    I plan to take advantage of it (then close account after the 3 months) Any reasons why I shouldn't?
    Because you won't qualify for this full reward Jargey..unless you follow THEIR rules to get the extra bonus.

    Here's how you gotta play this game...

    B]For an investment of $5,000 to $9999 or more[/B], you can choose:
    A qualifying non-cashable Guaranteed Investment Certificate (GIC) with a term of 1 year or more; or
    An eligible TD Mutual Fund or TD Managed Assets Program portfolio and, by March 1, 2017 set up a new or increase an existing Pre-Authorized Purchase Plan.
    So reading the fine print..you have to tie up $5000 of your money for 1 FULL YEAR...to get $50...
    or if you got a hundred grand hidden in yer mattress...maybe you will get that $300 at some point, but it ain't
    going to be the game you are planning...har har!
    so it pays to read the fine print.

    Invest more, get awarded more!
    Amount invested† Amount awarded†
    $5,000 - $9,999 $50
    $10,000 - $49,999 $100
    $50,000-$99,999 $200
    $100,000 + $300

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  5. #4
    Senior Member carverman's Avatar
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    Quote Originally Posted by Beaver101 View Post
    ^What's the fine print? since the message from the link says:

    Sorry!

    This special offer is valid only to select individuals and is not transferable.
    I'm laughing pretty hard Beav....these days, you really need to read the fine print.
    Good thing we as a whole have some investment savvy...cuz the banks will take advantage of you while they wave that 'CARROT' in front of you.

    Just think for the $300 they pay Jargey after at least one year..how much they will be making off his $100k he's putting in!

    If he pulls out after 3 months, the early withdrawal penalties will eat up some of the $100k he may or may not have in the first place and he'll come home CRYING from the TD Bank..

    as opposed to 'laughing all the way to the bank".
    Last edited by carverman; 2017-01-05 at 01:56 PM.

  6. #5
    Senior Member Beaver101's Avatar
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    ^ Maybe it ain't so bad ... $50/5,000 = 1% bonus "free" money if non-taxable plus whatever "1 year term" GIC interest ... the 3 months account closing won't do.
    Everyone should be respected as an individual, but no one idolized.-A. Einstein

  7. #6
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    LET'S START AGAIN!
    sorry about the link. here's a better link (I think) to get to the offer i'm talkin' bout (opening a chequing acct)
    Click on the bold section in the 2nd paragrap:h, to take you to facebook & the details:
    http://dcta.boardingarea.com/2016/11...ust-300-offer/

  8. #7
    Senior Member Beaver101's Avatar
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    Okay, weaving through the links/FB - here's part of the fine print:


    -
    Terms and conditions

    1 This offer is available to individuals that are the age of majority in their province or territory who (a) open an All-Inclusive Banking Plan or Unlimited Chequing Account within 30 days of receiving the offer confirmation email (the "New Account"), and (b) complete two of the following within 45 days of the "New Account" opening: (1) complete an eligible direct deposit; (2) a minimum $50 monthly pre-authorized debit; or (3) a minimum $50 online bill pay through EasyWeb or the TD mobile app. [B]Individuals who (i) have an existing TD chequing account or had one that was closed after November 1, 2015, or (ii) have not received the offer confirmation email directly from TD Canada Trust and/or have not completed an offer form submission online, are not eligible.[/B] Individuals that receive the confirmation email will need to bring a copy of the confirmation email they received directly from TD Canada Trust in order for the offer to be fulfilled. Any youth account that is converted into an All-Inclusive Banking Plan or Unlimited Chequing Account does not qualify as a "New Account". This offer can be changed, extended or withdrawn at any time by TD Canada Trust, and cannot be used in conjunction with any other offer or discount for the same product. ...
    ... first thing first - assuming you haven't opened or had an existing TD chequing acc't after Nov. 1, 2015 ... did you receive the offer confirmation email directly from TDCT? If not, then I don't think you qualify as this is an "invite" and not just one from another website or FB for that matter.
    Everyone should be respected as an individual, but no one idolized.-A. Einstein

  9. #8
    Senior Member Beaver101's Avatar
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    Quote Originally Posted by carverman View Post
    I'm laughing pretty hard Beav....these days, you really need to read the fine print.
    Good thing we as a whole have some investment savvy...cuz the banks will take advantage of you while they wave that 'CARROT' in front of you. ...
    ... hasn't this always been the case?

    Just think for the $300 they pay Jargey after at least one year..how much they will be making off his $100k he's putting in!

    If he pulls out after 3 months, the early withdrawal penalties will eat up some of the $100k he may or may not have in the first place and he'll come home CRYING from the TD Bank..

    as opposed to 'laughing all the way to the bank".
    ... and then there're those who *** loves *** the banks and how much their $$$ the stocks make them.
    Everyone should be respected as an individual, but no one idolized.-A. Einstein

  10. #9
    Senior Member carverman's Avatar
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    Quote Originally Posted by Beaver101 View Post
    Okay, weaving through the links/FB - here's part of the fine print:


    - ... first thing first - assuming you haven't opened or had an existing TD chequing acc't after Nov. 1, 2015 ... did you receive the offer confirmation email directly from TDCT? If not, then I don't think you qualify as this is an "invite" and not just one from another website or FB for that matter.
    Seems like a lot of "red tape" to even get $50...
    Step 1..get the invite from TD
    Step 2; complete two of the following within 45 days of the "New Account" opening: (1) complete an eligible direct deposit;
    (2) a minimum $50 monthly pre-authorized debit; or (3) a minimum $50 online bill pay through EasyWeb or the TD mobile app.
    step 3; Pay the monthly bank fee;

    The All-Inclusive Banking Plan costs $29.95/month, which is waived if you have $5,000+ throughout the month in the account.

    The Unlimited Chequing Account costs $14.95/month , which is waived if you have $4,000+ throughout the month in the account.

    So lets do the math here..it will cost him $30 a month service charge unless he is willing to tie up $5000 (or more) for a 1 year GIC)..
    hmmm..Jargey will be happy to get his $50...and the GIC will pay him 1.2% per annum, so that could be a taxable "windfall" of $60 for the 12 months they will pay him interest to keep his money locked up...

    If he opens a checking accoun, the checks will cost him another $50, because that's what most banks charge
    now to provide you with 50 checks for your checking acct.
    Also:
    This offer can be changed, extended or withdrawn at any time by TD Canada Trust, and cannot be used in conjunction with any other offer or discount for the same product. ...
    Last edited by carverman; 2017-01-05 at 02:47 PM.

  11. #10
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    .. first thing first - assuming you haven't opened or had an existing TD chequing acc't after Nov. 1, 2015 ... did you receive the offer confirmation email directly from TDCT? If not, then I don't think you qualify as this is an "invite" and not just one from another website or FB for that matter.

    i dont read the fine print that way... To me, as long as i get an email conformation from TD after submitting the form in the link, I can trot into a branch with it & way to go. Plunk $4000 into the second-option account, do their 2 requiremnets, park the money for 12 weeks & close it out when I get the $300 - No?


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