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NJ-based TD Bank has introduced a new general purpose reloadable Visa bank card. The launch marks the bank’s second reloadable prepaid card. TD has 8 million U.S. customers.
TD Connect customers will receive an active and personalized TD Connect card on the spot when they sign up. It can be used to access funds for purchases, make ATM withdrawals and pay bills online or by phone. Customers can conveniently load using a variety of options in our stores, online, by phone and direct deposit.
TD introduced TD Go in 2013, which allows teenagers to access funds loaded onto the onto the card by their parents, and to only spend the balance on the card. Once activated, parents and teens can monitor spending online and receive email and text alerts on balances, transactions and other purchases. TD Go helps promotes financial literacy among younger cardholders.
In addition to providing a great budgeting tool for bank customers with a checking account, TD Connect also responds to the growing demand for reloadable prepaid cards among consumers who do not want a checking account.
Anyone 18-years-old and over can walk into one of TD Bank’s approximately 1,300 stores from Maine to Florida and sign up to receive a TD Connect Card, including those who are not an existing customer. TD requires a Social Security number, valid form of identification and a minimum deposit of $25 to sign up.
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