Just thought this might be of interest to a lot of the savers on board here in piggingtons.
Suze Orman and TD Ameritrade have set up an offer where if you open up an account with TD, make deposits of $50 or more into it for a year, at the 13th month they will give you $100.
(Suze says she hopes she can help reverse the savings rate in the U.S.).
The fine print is here: Offer valid for one new TD AMERITRADE account (non retirement) opened between 2/27/07 and 3/31/08, and funded by 12 monthly consecutive automatic electronic deposits of $50 or more. First $50 must be deposited within 30 days of opening account. To be eligible, you must be a U.S. resident aged 18 or older. On 2/27/07 please come back to this site for obligations and limitations and to accept this offer. This is not an offer or solicitation in any jurisdiction where we are not authorized to do business. Random House, Inc. does not endorse, is not associated with, and has no responsibility for the TD AMERITRADE offer. TD AMERITRADE, Random House, Inc., and Suze Orman are separate and not affiliated, and each of them are not responsible for the services and information provided by the other(s). TD AMERITRADE, Inc., member NASD/SIPC.
$100 isn’t much nowadays, but just set up an automatic deposit of $50 a month and check back in a year…
By the way, you have to enter a code for the offer. The code is 701 (Suze puts the code out there so that you are not obligated to buy the book to get the code).
Hmmm. You open the account with $50 and funnel another $600 ($50 x 12 months) over a year. Then you get $100 – which translates to about a 15% bonus.
Sounds good to me – even though that $100 carrot may not sound like a lot, it would be priceless if it got people to start “hands-free” saving (ie, doing it the automated way.)
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