In case you missed it, recurring deposits are available on TBanque. Users can now schedule deposits into their TBanque account on a weekly, twice monthly, or monthly basis, for as little as $10.
Through a special limited time offer, you can get a $25 bonus added to your TBanque account by setting up recurring deposits. To be eligible, all you have to do is set up recurring deposits and make sure you total $500 in deposits by September 15th.
Recurring deposits are a great way to stay on track with your investments, automating the process of funding your TBanque account. It turns investing into a healthy habit, similar to paying a monthly bill on time or scheduling your next dentist check up.
Investing on a schedule is essential to many popular strategies, including dollar-cost averaging (DCA). By investing even increments over a longer period of time, investors using DCA can spread out their risk factor to protect against steep market downturns.
If you set up weekly recurring deposits of just $36 on the promotion’s start date (June 15th), you’ll have reached $500 by the end date of September 15th and voila ― an extra $25 goes into your TBanque account balance.
So, whether you want to explore a DCA-style investing strategy or just seek the convenience of automating your account, explore recurring deposits today.