Why would the bank offer me $50?
I got a letter in the regular mail from TD.
They are saying that I can get $50 if I book an appointment with my branch for something that they call "TD Personal Assessment".
Not sure why they value this so much that they are willing to pay me $50. I have some investment with them, but the portfolio is rather small.
I was wondering if anybody else got this kind of offers, from your bank, now or in the past.
Do you know why they do that? Does someone get any commission just because they set the appointment with me?
I expect that they would try to sell me all kind of things (right now I have some e-Series mutual funds with them and probably they don't make too much money out of that).
I am a bit confused. Seems like an easy $50, but maybe I don't understand what's the catch.
I was wondering if anybody can provide a better explanation.
Thx
P.S. This is how the envelope looks, in my case:
They are saying that I can get $50 if I book an appointment with my branch for something that they call "TD Personal Assessment".
Not sure why they value this so much that they are willing to pay me $50. I have some investment with them, but the portfolio is rather small.
I was wondering if anybody else got this kind of offers, from your bank, now or in the past.
Do you know why they do that? Does someone get any commission just because they set the appointment with me?
I expect that they would try to sell me all kind of things (right now I have some e-Series mutual funds with them and probably they don't make too much money out of that).
I am a bit confused. Seems like an easy $50, but maybe I don't understand what's the catch.
I was wondering if anybody can provide a better explanation.
Thx
P.S. This is how the envelope looks, in my case:
Last edited by pishta on Sep 22nd, 2016 11:19 pm, edited 1 time in total.