DES MOINES, Iowa, Sept. 14 /PRNewswire/ -- SmartyPig, the leader in the social money space, announced today its "Race Out of Debt" contest with a grand prize of nearly $5,000 for one lucky participant.
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As an acknowledgement of the average American credit card debt hitting a new 8-year low this summer, online savings leader, SmartyPig, has rolled out its largest contest to date to award one customer the new national credit card debt average of $4,951. The company invites both new and existing users to participate in the contest. The contest begins today and will take place over 13 days, with the winner being announced via video blog on September 28, 2010. The process to determine the winner is as follows: Eight finalists will be randomly selected. Each finalist will be assigned to a live pig at the SmartyPig racetrack that will be entered into the "Race Out of Debt" pig race. The contestant assigned to the pig that crosses the finish line first will be awarded the grand prize of $4,951.
For official rules visit Smarty Pig's contest page: http://www.smartypig.com/PayOffYourCreditCard_ContestRules.pdf
ABOUT SMARTYPIG SmartyPig is a consumer finance site where you can earn high interest on your savings goals and get cash back when making a purchase with premium retailers and top travel companies, all while never relying on credit cards. Family and friends can also help achieve financial goals by securely contributing to your account via social networks like Facebook. Launched in April 2008, SmartyPig has proven extremely popular with consumers throughout the U.S. and in Australia where it partnered with Australia and New Zealand Banking Group Limited (ANZ) to launch www.smartypig.com.au. To date, SmartyPig customers have opened savings accounts with more than $500 million in U.S. deposits and have reached more than $300 million in savings goals. The system is based on proprietary, patent-pending technology and features the latest in security standards. SmartyPig's U.S. banking relationship is with BBVA Compass. All funds held on deposit are FDIC insured up to the applicable legal limits. SmartyPig is based in Des Moines, Iowa. For more information on how to get started, please visit http://www.smartypig.com and follow us on Twitter: www.twitter.com/smartypig.
Editor's Note: BBVA Compass is a trade name of Compass Bank. Compass Bank, member FDIC.
SmartyPig website: http://www.SmartyPig.com SmartyPig blog: http://blog.SmartyPig.com 300 Westown Pkwy, Suite 200, West Des Moines, IA 50266, Phone : 515-256-2086
Media Contact: |
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Sarah Foss |
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Public Relations/Social Media, SmartyPig |
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515.991.9790 |
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SOURCE SmartyPig
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