Smartypig is a new online savings bank with a twist:

SmartyPig allows you to invite family and friends to contribute to your account, gives you additional incentive boosts from top retailers who sell exactly what you’re saving for AND *4.30% (APY) interest on the money you’re saving. Simple, Smart, Savings. SmartyPig!

They're giving one lucky Parenting Squad reader a $100 gift card** to start an account. Leave a comment to be entered into the drawing. Drawing will close on Sunday 3/30 at 11:59pm PDT. **This drawing is now closed. The winner is Elizabeth @ MomReviews. Thanks to everyone who participated!

 

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*Annual Percentage Yield (APY) is effective as of 3/16/2008. Rates may change at any time without prior notice.

**To redeem the SmartyPig gift card you must have an active SmartyPig account subject to prior acceptance of the terms and conditions and disclosure agreements. SmartyPig Gift Cards can only be redeemed into an active SmartyPig Savings Goal. If you have a SmartyPig account but do not have an active Savings Goal, you will need to create a new Savings Goal to redeem your gift card.

Parenting Squad will not sell or use your email address for any purpose other than to contact the winner.

 

**This drawing is now closed. The winner is Elizabeth @ MomReviews. Thanks to everyone who participated!