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SOURCE TD Bank
Reloadable prepaid card enables parents to conveniently send money to their teens while monitoring spending
CHERRY HILL, N.J., Jan. 15, 2014 /PRNewswire/ -- TD Bank, America's Most Convenient Bank®, has launched TD Go, a reloadable prepaid card for teenagers that can be used wherever Visa debit cards are accepted. Adults can open and fund the card for their teenagers online using a debit or credit card or via direct deposit. Once activated, parents can monitor spending online and receive email and text alerts on balances, transactions and adult-oriented purchases.
The TD Go Card allows teenagers to spend only available funds unlike credit cards and if a card is lost or stolen it can quickly be cancelled and replaced unlike cash.
"The development of smart spending habits is a journey and many parents want to offer teens a gradual path to increasing fiscal freedom," said Tami Farrow, Senior Vice President, Head of Retail Deposit Payments, TD Bank. "With the launch of the TD Go Card, TD Bank is offering parents a convenient and safe environment to get money to their teens and an easy way to monitor spending."
The TD Go Card can be purchased online at www.tdbank.com/tdgocard. TD Bank is committed to offering customers information to make informed decisions about bank products and has detailed all costs associated with the TD Go card in a simple account guide available here: http://www.tdbank.com/accountguides/go-card.pdf.
About TD Bank, America's Most Convenient Bank
TD Bank, America's Most Convenient Bank, is one of the 10 largest banks in the U.S., providing more than 8 million customers with a full range of retail, small business and commercial banking products and services at approximately 1,300 convenient locations throughout the Northeast, Mid-Atlantic, Metro D.C., the Carolinas and Florida. In addition, TD Bank and its subsidiaries offer customized private banking and wealth management services through TD Wealth®, and vehicle financing and dealer commercial services through TD Auto Finance. TD Bank is headquartered in Cherry Hill, N.J. To learn more, visit www.tdbank.com. Find TD Bank on Facebook at www.facebook.com/TDBank and on Twitter at www.twitter.com/TDBank_US.
TD Bank, America's Most Convenient Bank, is a member of TD Bank Group and a subsidiary of The Toronto-Dominion Bank of Toronto, Canada, a top 10 financial services company in North America. The Toronto-Dominion Bank trades on the New York and Toronto stock exchanges under the ticker symbol "TD." To learn more, visit www.td.com.
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