How to Open a TD Bank Account
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Open your TD Bank account with ease. All details in this comprehensive guide. Don't miss the bonus.
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TD Bank, one of the largest banks in the U.S., has a nearly 170-year history. Best known for its extended hours and superior customer service, they offer multiple types of personal bank accounts, loans, and other financing.
How to open a TD Bank account
You can open an account online or in person at a TD Bank location. You will need your:
- Driver's license/state ID
- Social Security number
- Personal/contact info (date of birth, address, phone number, and email)
- Money for an opening deposit (cash, debit card number, or routing and account numbers for another account)
Before you fill out the application, you'll need to decide what type of account you want to open. If you're not sure which account is best for your needs, TD Bank's account selector tool can guide you in the right direction.
Locate this tool at the bottom of the checking or savings account webpage, answer a few questions, and receive your personal account recommendation.
Read on to see all the individual details about each type of account.
TD Bank is FDIC-insured, meaning that your funds are insured up to $250,000 if the bank ever fails.
TD Bank also uses advanced encryption and two-step verification, which are security measures used by most big banks.
Types of Accounts
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TD Bank offers three types of checking accounts and two types of savings accounts, all of which can be mixed and matched or used individually.
All checking accounts charge monthly maintenance fees, but most of those fees can be waived by maintaining a minimum balance or making monthly deposits.
Phone: 1-888-751-9000 (available 24/7)
Email: customer.service@td.com
Live chat via TD Bank's website
Checking Accounts
All of TD Bank's checking accounts give account holders access to all TD Bank ATMs and mobile or in-person check deposits.
TD Beyond Checking - $300 Cash Bonus
Earn $300 when you have $2,500 in qualifying direct deposits within 60 days.
TD Complete Checking - $200 Cash Bonus
Earn $200 when you have $500 in qualifying direct deposits within 60 days.
TD Business Convenience Checking Plus
- 500 free transactions each month
- $5,000 in cash deposits processed free each month
- Waive the $25 monthly service fee by maintaining a $1,500 combined minimum daily balance with one TD personal checking account
Checking Monthly Fees
TD Essential Banking: Charges $4.95 per month. The account does not require a minimum daily balance and there are no overdraft fees.
TD Complete Checking: Charges $15 per month.
Waive that fee by meeting ONE of these conditions:
- Have $500 or more in direct deposits within a statement cycle; or
- Maintain a minimum daily balance of $500; or
- Have $5,000 minimum daily combined balance of all deposit
accounts that you choose to link; or - When the Primary account holder is 17 through 23 years of age
TD Complete Checking - $200 Cash Bonus
Earn $200 when you have $500 in qualifying direct deposits within 60 days.
TD Beyond Checking: Charges $25 per month.
Waive that fee by meeting ONE of these conditions:
- Have at least $5,000 deposited via direct deposit every month
- Maintain a minimum $2,500 balance every day in the account
- Keep a minimum $25,000 daily balance across all TD accounts (including savings accounts, loans, and mortgages)
TD Beyond Checking - $300 Cash Bonus
Earn $300 when you have $2,500 in qualifying direct deposits within 60 days.
Savings Accounts
TD Bank has three different savings accounts, all with different interest rates. Each account comes with free mobile deposits and the ability to use any TD Bank ATM. You can also link any TD Bank savings account with a TD Bank checking account to set up overdraft protection.
Savings Account Types and Fees
TD Simple Savings:
- 0.02% APY for all balances
- No minimum required opening deposit
- Charges a monthly fee of $5
You can waive that monthly fee when you:[1]
- Maintain a minimum daily balance of $300
- Are age 18 or younger or 62 or older
- Have your account linked to an eligible TD Beyond Checking Account or TD Complete Checking Account
- Open as an IRA
You can also have the monthly fee waived for the first 12 months by completing a monthly recurring transfer of $25 or more from an eligible and linked TD Bank Checking account.
TD Signature Savings:
- Offers higher APY rates for linking any personal or small business checking account, credit card, home equity, or mortgage through TD Bank
- No required minimum opening deposit
- Waives non-TD Bank ATM fees, when you maintain a minimum $2,500 daily balance
- Charges monthly fee of $15
You can waive that monthly fee by maintaining a balance of at least $10,000 a day or by linking an eligible TD Checking account.
Compare Savings Accounts
CIT Bank Platinum Savings - $300 Bonus
- Qualify for a $300 cash bonus with a minimum deposit of $50,000
- This limited time offer to qualify for a $225 cash bonus with a minimum deposit of $25,000 or a $300 bonus with a minimum deposit of $50,000 is available to New and Existing Customers who meet the Platinum Savings promotion criteria. The Promotion begins on September 23, 2025 and can end at any time without notice.
UFB Portfolio Savings - Earn up to 3.26% APY
- Earn up to 3.26% APY.*
- No monthly maintenance fees.
- No minimum deposit required to open an account.
- Access your funds 24/7 with easy-to-use digital banking tools.
- Enjoy peace of mind with FDIC insurance up to the maximum allowance limit – Certificate #35546.
High-Yield Savings Premier - 3.80% APY
- No account fees
- Option to open individual or joint account
- FDIC insured up to $250,000 per depositor
- Only $500 minimum opening deposit
Bottom line
A TD Bank account requires only basic information to set up and offers a variety of perks. While each account charges monthly fees, you can waive most fees by meeting certain criteria. If you're looking for reliable banking services with quality customer support, consider opening a checking, savings, or money market account with TD Bank.
References
- ^ TD Bank. TD Simple Savings Account Guide, Retrieved 3/27/2024
Chase Total Checking® - $400 Bonus
- New Chase checking customers can receive $400 when you open a Chase Total Checking® account and make direct deposits totaling $1,000 or more within 90 days of coupon enrollment.
- Unlock more offers with Chase. Get up to $500 per calendar year by referring friends and family. Plus, get cash back from top brands with Chase Offers when you use your debit card.
- Chase Total Checking® has a $15 monthly service fee, you can easily avoid the fee with direct deposits totaling $500 or more, or a minimum average daily balance each statement period.
- Chase Overdraft Assist℠ – no overdraft fees if you're overdrawn by $50 or less at the end of the business day or if you're overdrawn by more than $50 and bring your account balance to overdrawn by $50 or less at the end of the next business day*
- Chase Mobile® app makes banking simple. Manage accounts, pay bills, send money to friends with Zelle® and deposit checks on the go with Chase Quick Deposit℠.
- Chase has the largest branch network in the U.S. with thousands of ATMs and branches. Use the Chase locator tool to find a branch or ATM near you.
- Chase helps keep your money protected with features like Zero Liability Protection, fraud monitoring and card lock.
- Chase Total Checking includes FDIC insurance up to the maximum amount allowed by law.
Bank of America Advantage Banking - Up to $500 Cash Offer
- The cash offer up to $500 is an online only offer and must be opened through the Bank of America promotional page.
- The offer is for new checking customers only.
- Offer expires 1/31/2026.
- To qualify, open a new eligible Bank of America Advantage Banking account through the promotional page and set up and receive Qualifying Direct Deposits* into that new eligible account within 90 days of account opening. Your cash bonus amount will be based on the total amount of your Qualifying Direct Deposits received in the first 90 days.
Cash Bonus Total Qualifying Direct Deposits $100 $2,000 $300 $5,000 $500 $10,000+ - If all requirements are met 90 days after account opening, Bank of America will attempt to deposit your bonus into your new eligible account within 60 days.
- Bank of America Advantage SafeBalance Banking® for Family Banking accounts are not eligible for this offer.
- Additional terms and conditions apply. See offer page for more details.
- *A Qualifying Direct Deposit is a direct deposit of regular monthly income – such as your salary, pension or Social Security benefits, which are made by your employer or other payer – using account and routing numbers that you provide to them.
- Bank of America, N.A. Member FDIC.
Wells Fargo Everyday Checking Account - $325 Bonus
- Get a $325 new checking customer bonus when you open an Everyday Checking account and receive $1,000 or more in qualifying direct deposits.
- Wells Fargo Bank, N.A.
Member FDIC
U.S. Bank Business Essentials - $400 Bonus
Promo code Q1AFL26 MUST be used when opening a U.S. Bank Business Essentials® or Platinum Business Checking account. Limit of one bonus per business. A $100 minimum deposit is required to open one of the referenced accounts.
To earn a business checking bonus, open a qualifying U.S. Bank business checking account between 1/15/2026 and 3/31/2026. Make the required deposit(s) in new money within 30 days of account opening, maintain the same required daily balance through the 60th day, and complete 6 qualifying transactions based on posted date within 60 days of account opening.
Business Essentials: $400 bonus with $5,000 new money deposits, daily balance, and 6 qualifying transactions.
Qualifying transactions include debit card purchases, ACH and wire credits or debits, Zelle credits or debits, U.S. Bank Mobile Check Deposit, electronic or paper checks, Bill Pay (excluding payments made by credit card), and payment received via U.S. Bank Payment Solutions. Other transactions, such as person-to-person payments, credit card transfers, or transfers between U.S. Bank accounts, are not eligible.
New money is defined as funds from outside U.S. Bank and cannot be transferred from another U.S. Bank product or a U.S. Bank Affiliate. For accounts opened on non-business days, weekends or federal holidays, the open date is considered the next business day. Account fees may reduce the required daily balance during the qualifying period.
Bonus will be deposited into your new eligible U.S. Bank business checking account within 30 days after the month-end in which all offer requirements are met, provided the account remains open with a positive available balance.
Offer may not be combined with other business checking bonus offers. Existing businesses with a business checking account or had one closed within the past 12 months, do not qualify.
All regular account-opening procedures apply. For full checking account pricing, terms and policies, refer to your Business Pricing Information, Business Essentials Pricing Information, and YDAA disclosure. These documents are available at any U.S. Bank branch or by calling 800.872.2657.
Bonus will be reported as interest earned on IRS Form 1099-INT and recipient is responsible for any applicable taxes. Current U.S. Bank employees are not eligible. U.S. Bank reserves the right to withdraw this offer at any time without notice.
Member FDIC
CIT Bank Platinum Savings - $300 Bonus
- Qualify for a $300 cash bonus with a minimum deposit of $50,000
- This limited time offer to qualify for a $225 cash bonus with a minimum deposit of $25,000 or a $300 bonus with a minimum deposit of $50,000 is available to New and Existing Customers who meet the Platinum Savings promotion criteria. The Promotion begins on September 23, 2025 and can end at any time without notice.
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Note: This website is made possible through financial relationships with some of the products and services mentioned on this site. We may receive compensation if you shop through links in our content. You do not have to use our links, but you help support CreditDonkey if you do.
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