Want to win $1 million? Read on for strategies to help you save while increasing your odds in the Servus Big Share contest* 2024. For every $500 you save between February 1 and April 30, 2024, you'll earn 5 entries into the contest. It's straightforward, but we're glad you want to learn some ways to maximize your chances of winning.

Let's get started:

1. Set up direct deposits

Keep it simple by setting up direct deposits for your regular income streams. Whether it's your paycheck or CRA payments, funneling them directly into your Servus account is a no-brainer. Not only does it streamline your finances, but it also multiplies your contest entries effortlessly.

For instance, if you earn $2,000 bi-weekly with $500 in surplus, that's $1,000 in savings every month, which equals 10 entries. Multiply that by three contest months (February – April), and voila – 30 entries!

2. Plan with a PAC

Now, let's talk about making your money work for you. Setting a financial goal with a Pre-Authorized Contribution (PAC), is a game-changer. You can effortlessly set financial goals by determining the amount and frequency of contributions and directing them into a dedicated savings account. By adopting a PAC alongside a well-crafted investment strategy, you're essentially paying yourself first, ensuring consistent savings, and benefitting from interest gains. Plus, the more your money grows, the more chances at $1 million you'll have.

3. Transfer an existing daily banking or savings account

Chances are you already have a daily banking or savings account somewhere, so why not move that account over to Servus where it might make you a millionaire?

It can be funds from a regular chequing or savings account. Or, you may have non-registered savings or a registered account such as a Tax-Free Savings Account (TFSA), Registered Retirement Savings Plan (RRSP) or a Tax-Free First Home Savings Account (FHSA).

Let's say you have $10,000 in a TFSA, by bringing that account to Servus (where you can also enjoy the perks of our Tax-Free Growth Account) you'd earn 100 contest entries!

Think about what savings you already have set aside and then calculate how many $1 million chances those savings are worth using our entry calculator.

4. GICs with a side of entries

It's time to talk GICs – those unsung heroes of steady growth. Capitalize on our stellar rates on redeemable and non-redeemable GICs, it's possibly the best time to invest. All GICs earn contest entries, but want an additional perk? If you park your GIC funds within a TFSA, you avoid paying taxes on interest earned!

5. Businesses can earn big too

Did you know businesses earn entries into the Servus Big Share^® contest as well? Whether you're a sole proprietor, corporation, or have an agriculture operation, your business can earn contest entries.

Consider moving your accounts to Servus for tailored solutions, flexible accounts and a shot at $1 million to elevate your business. Imagine what you could achieve with a big injection to your business coffers. The possibilities are endless!

6. Saving for a big purchase?

If you've been diligently saving for your next big purchase, maybe consider holding off until after April 30, 2024. Why's that you ask? For every $500 you save between February 1 and April 30 you earn 5 entries into the contest. Pulling your money out before the contest closes could mean fewer shots at that $1 million. It's a waiting game that could pay off big time.

Remember, the more money you save using these tips before the Servus Big Share^® contest* closes on April 30, 2024, the more chances you have to become the next Servus millionaire.

Become a member and start saving

If you're not yet a member, seize the opportunity to join Servusand start saving today by opening an account (we can think of a million reasons why you should). Already part of the Servus family? Your savings journey is just a click away in online banking.

Open an account

*See the Official Contest Rules for eligibility, alternate means of entry and other important conditions.