Coca Cola vs TD Ameritrade – Company Efficiencies

by MoneyNing

Today, I received two pieces of mail that really excited me: A coupon from Coca Cola for a free 20 oz Coca-Cola product, and also a free copy of Microsoft Money 2007 Deluxe from my TD Amertrade Roth IRA account signup for my fiancee.  This is quite interesting because I applied for these offers at totally different times, giving us a glimpse of these company’s efficiency in the “giveaway” department.

Coca Cola’s Coupon:
mycokerewards coupon

I got this through mycokerewards.com.  In fact, these were redeemed on 6/28/2007 through online coupon codes I found 2 weeks ago.

Turnaround time: 9 days.

TD Ameritrade’s Free Copy of Microsoft Money
microsoft money 2007 deluxe

Part of the reason why I helped my fiancee sign up for her Roth IRA account through TD Ameritrade was because of the free Microsoft Money offer.  This was back in April and I actually complained about the fact that it never showed up last month here.  After numerous emails/phone calls and multiple broken promises that it has already been shipped and should have arrived, it is finally here.

Turn around time (from April 14): 84 days (they promised it will come 42-56 days from signup)

Thoughts
This definitely shows how management of the two companies’ attitude towards their customers.  While Coca Cola gives their customers responsive service because it is well deserved, TD Ameritrade thinks customers should be grateful to use their service!  I don’t want to give the brokerage company anymore bad publicity but let me just say that the whole experience of many, many phone calls and emails were very frustrating.

The end result: I am going to look for ways to transfer money from TD Ameritrade to another brokerage account.  Sorry, but I am afraid of my money in the hands of a company that does not care about its customers.

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{ 2 comments… read them below or add one }

Joe July 11, 2007 at 4:15 pm

May I suggest Vanguard? Low fees, wide selection, easy-to-navigate website, etc.

Reply

MoneyNing July 11, 2007 at 6:15 pm

Yup TD Ameritrade is just no good, but vanguard is really a place to buy funds while TD Ameritrade is a e-broker where I can buy funds/stocks etc.

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