RESP and pampers coupons

[celestial_2003]

I just opened up an RESP for my kids this week. Its a minimum of $25 per month, 4 dates to choose from for pap (we chose the 22nd). The company will set you up for government grants and the government will apply up to $.40 on the dollar that you deposit. If you child was born 2004 or later you qualify for a $500 learning bond as well. When we were done the rep told me that for signing up I would get $50 in pampers coupons (5x$10) within 60days and because I signed up all my kids he thinks I will get $200 in coupons. If my eldest chooses not to use it for what ever reason it rolls to the next oldest and then the next etc. I thought this was a godd deal for something that I was doing anyways and will provide for my children in the future education.

This is the company info if anyone else is interested

Knowledgefirst Financial
1 800 363 7377
www.knowledgefirstfinancial.ca

[female]

Never Join this company without knowing the fees related to your account. Just the enrollment fees are going to cost you thousands of $$. Knowledge first financial is the SAME OLD "USC Education" company, which is a SCAM. Please read the brochure or call to confirm what are you expecting as fees associated. Don't refer people to it before you understand what you got yourself into !!

[ParkersMom]

There are fee's associated with ALL RESP's, I did my research before I started a RESP for my son and found that USC now Knowledge First Financial was actually a really good choice. If this person chose this I am sure they knew what they were getting into, its all on the paper work they make you sign.

[CouponDude]

Canadian Scholarship Trust (CST) is the best RESP company out there, if anyone would like more info please send me a PM, thanx.

[ymac_4u]

I'm not going to bash any one RESP or pump up any other, but make sure you do your research first on any RESP or any financial product you are thinking about getting.

Do your own research, don't rely on others opinions.

[missjenn]

we just signed up my daughter with cst, and the guy was greatttttttt, he was here for over 2 hrs, explained everything very well, glad i made the choice...btw...whoever you choose (company) who cares...no one should bash you.....at least your doing it for your child!!!!!! some cannot even say that@!!

[babyfever2009]

We did ours with TD bank and we get all of the same things (500 starting and they match a percentage every year) no fees! no mandatory monthly or yearly deposits. We have one for our oldest son on a family one and are doing it for our youngest now.

[leymi15]

We did ours with TD bank and we get all of the same things (500 starting and they match a percentage every year) no fees! no mandatory monthly or yearly deposits. We have one for our oldest son on a family one and are doing it for our youngest now.

I paid my son's RESP at TD for three years and I never got the 500 from the goverment. I switch to RBC and the goverment added inmediately that benefit to my son's account......

[Koolaid]

I paid my son's RESP at TD for three years and I never got the 500 from the goverment. I switch to RBC and the goverment added inmediately that benefit to my son's account......

You have to fill out a form to ask the bank to go after the money for you....I have both an RDSP and RESP for my son and in both cases I had to sign forms.

[Marteli]

I opend mine with RBC about a month ago and I did not recived antyhing from the goverment .. and I did signed all the forms in order to get it ...

[cdn_grl]

I got my sons RESP through ScotiaBank but it did take a few months for the $500 to show up there ....

I would give it soem time you should see it

[dagney]

I was told years ago that you could pay for one (or more units) when your child is under 1 year of age. Better to pay off in one lump sum before their 1st birthday that to pay monthly for years and years. Did anybody do their plan this way?

[louisep]

There are no such things as no fees either at the bank or other financial companies are they working for nothing$$$ . I agree with Parkers mom . what about banks management fees deducted from your investment , what about enhanced grant . Do you know how they invest your money , where and how much you should get ? These are all questions that you can ask your advisor .

[maxcat]

TD bank has fees. It is called an MER. They just didn't tell you about it. It costs you way more in fees than what an enrolment fees does. If TD Bank insists they don't have fees I would insist on a 0% mortgage rate while I was there. LOL! Poor consumers they are so misinformed and taken advantage of.

[polo_wataga]

I have done a few researches as well and still didn't buy any for my daughter. I am so confused with this. Seem like it cost a headache. I still want to buy for my daughter but don't know which one.