How to Open a TD Bank Account
Ad Disclosure: This article contains references to products from our partners. We may receive compensation if you apply or shop through links in our content. This compensation may impact how and where products appear on this site. You help support CreditDonkey by using our links.
Open your TD Bank account with ease. All details in this comprehensive guide. Don't miss the bonus.
![]() |
© CreditDonkey |
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
![]() |
© CreditDonkey |
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
- Transfer a one-time deposit of $50,000+ for a Bonus of $300
- 4.10% APY with a balance of $5,000 or more
- 0.25% APY with a balance of less than $5,000
- No monthly maintenance fee
- Member FDIC
Discover® Online Savings - $200 Cash Bonus
To qualify for Bonus: Apply for your first Discover Online Savings Account, enter Offer Code CY325 at application, deposit into your Account a total of at least $15,000 to earn a $150 Bonus or deposit a total of at least $25,000 to earn a $200 Bonus. Qualifying deposit(s) may consist of multiple deposits and must post to Account within 45 days of account open date. Maximum bonus eligibility is $200.
What to know: Offer not valid for existing or prior Discover savings customers. Eligibility is based on primary account owner. Account must be open when bonus is credited. Bonus will be credited to the account within 60 days of qualifying for the bonus. Bonus is subject to tax reporting. Offer ends 09/11/2025, 11:59 PM ET. Offer may be modified or withdrawn without notice. Due to new customer funding limits, you may wish to initiate fund transfers at your other institution. For information on funding, see FAQs on Discover.com/Bank. See advertiser website for full details.
High Yield Savings Account - 4.25% APY
- No fees
- $1 minimum deposit
- 24/7 online access
- FDIC insured
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® - $300 Bonus
- New Chase checking customers enjoy a $300 bonus when you open a Chase Total Checking® account with qualifying activities
- With over 4,700 branches, Chase has the largest branch network in the U.S. plus access to more than 15,000 ATMs.
- Chase Mobile® app - Manage your accounts, deposit checks, transfer money and more -- all from your device.
- JPMorgan Chase Bank, N.A. Member FDIC
- Open your account online now
- Available online nationwide except in Alaska, Hawaii and Puerto Rico. For branch locations, visit locator.chase.com.
- 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*
Bank of America Advantage Banking - $300 Bonus Offer
- The $300 bonus offer 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 05/31/2025.
- To qualify, open a new eligible Bank of America Advantage Banking account through the promotional page and set up and receive Qualifying Direct Deposits* totaling $2,000 or more into that new eligible account within 90 days of account opening. Bank of America Advantage SafeBalance Banking® for Family Banking accounts are not eligible for this offer.
- Once all requirements are met, Bank of America will attempt to pay bonus within 60 days.
- 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.
Silver Business Checking account - $500 Bonus
Promo code Q1AFL25 MUST be used when opening a U.S. Bank Silver, Platinum, or Business Essentials Business Checking account. Limit of one bonus per business. A $100 minimum deposit is required to open one of the referenced accounts. Business Essentials is not available in all markets; contact a banker for more details.
Earn your $500 Business Checking bonus by opening a new U.S. Bank Silver Business Checking or Business Essentials account between 1/16/2025 and 3/31/2025. You must make deposit(s) of at least $5,000 in new money within 30 days of account opening and thereafter maintain a daily balance of at least $5,000 until the 60th day after account opening. You must also complete 5 qualifying transactions within 60 days of account opening.
Qualifying transactions include debit card purchases, ACH credits, Wire Transfer credits and debits, Zelle credits and debits, U.S. Bank Mobile Check Deposit or Bill Pay. Other transactions such as (but not limited to) other Person to Person payments, transfers to credit card or transfers between U.S. Bank accounts are not eligible.
New money is considered money that is new to U.S. Bank. Funds must come 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 (e.g., monthly maintenance, paper statement fee, etc.) could reduce the qualifying daily balance, therefore you must make deposit(s) to cover the fees to maintain the daily balance during the qualifying period to be awarded the bonus. Refer to the Business Pricing Information or Business Essentials® Pricing Information Document for a list of fees.
Bonus will be deposited into your new eligible U.S. Bank Business Checking account within 30 days following the last calendar day of the month you complete all of the offer requirements, as long as the account is open and has a positive available balance.
Offer may not be combined with any other business checking account bonus offers. Existing customers (businesses) with a business checking account or customers (businesses) who had an account in the last 12 months, do not qualify.
All regular account-opening procedures apply. For a comprehensive list of checking account pricing, terms and policies, reference your Business Pricing Information or Business Essentials® Pricing Information and YDAA disclosure. These documents can be obtained by contacting a U.S. Bank branch or 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.
Discover® Online Savings - $200 Cash Bonus
To qualify for Bonus: Apply for your first Discover Online Savings Account, enter Offer Code CY325 at application, deposit into your Account a total of at least $15,000 to earn a $150 Bonus or deposit a total of at least $25,000 to earn a $200 Bonus. Qualifying deposit(s) may consist of multiple deposits and must post to Account within 45 days of account open date. Maximum bonus eligibility is $200.
What to know: Offer not valid for existing or prior Discover savings customers. Eligibility is based on primary account owner. Account must be open when bonus is credited. Bonus will be credited to the account within 60 days of qualifying for the bonus. Bonus is subject to tax reporting. Offer ends 09/11/2025, 11:59 PM ET. Offer may be modified or withdrawn without notice. Due to new customer funding limits, you may wish to initiate fund transfers at your other institution. For information on funding, see FAQs on Discover.com/Bank. See advertiser website for full details.
CIT Bank Platinum Savings - $300 Bonus
- Transfer a one-time deposit of $50,000+ for a Bonus of $300
- 4.10% APY with a balance of $5,000 or more
- 0.25% APY with a balance of less than $5,000
- No monthly maintenance fee
- Member FDIC
Write to Anna Johnson at feedback@creditdonkey.com. Follow us on Twitter and Facebook for our latest posts.
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.
Read Next:
Compare: