March 2, 2020 12:00 PM PT

How to Open a TD Bank Account

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Opening an account with TD Bank is simple. Take a look at what you'll need and check out your account options in our guide.

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.

Keep reading to learn how to open an account.

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.

Is TD Bank safe?
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 four types of checking accounts and three 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. The only account that does not offer the ability to waive the fee is the TD Simple Checking account, but it also does not require a minimum daily balance.

TD Bank Customer Service
Phone: 1-800-751-9000 (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.

Students and anyone aged 17 through 23 get extra perks when using a TD Convenience Checking account. They don't have to pay any monthly fees and have no required minimum balance. Once the account holder turns 24 years old, they will have to start paying account fees or maintain the minimum balance to get them waived.

    TD Beyond Checking

    • New customers who apply online for a TD Beyond Checking account can earn a $300 cash bonus after receiving direct deposits of $2,500 or more within 60 days. To qualify for this offer, you must be a U.S. resident and apply for the offer online. Offer is available in these states: CT, DC, DE, FL, MD, ME, MA, NC, NH, NJ, NY, PA, RI, SC, VT, VA
    • Earn $300 when you receive direct deposits totaling $2,500 or more within 60 days
    • Get more from your checking account. With TD Beyond Checking with Payback Plus, you'll earn interest and get reimbursed for non-TD ATM transactions, Rush Bill Payments and more.
    • Monthly maintenance fee waived when you receive monthly direct deposits of $5,000 or more, or maintain a minimum daily balance of $2,500, or a combined balance of $25,000 across eligible TD accounts.
    • TD fees waived at any ATM and non-TD fees reimbursed when you keep at least a $2,500 daily balance
    • Overdraft Payback - Get overdraft fees automatically reversed up to two times a year.
    • Get your money where it needs to go —fast— with Rush Bill Payments, Send Money with Zelle®, incoming wires and a reimbursement for one outgoing wire (domestic or international) per statement cycle.
    • TD checking accounts come with an instant-issue debit card. And, you can pay with confidence with Zero Liability protection and 24/7 fraud monitoring.
    • Monthly maintenance fee waived on one TD Simple CheckingSM account and any Savings and Money Market accounts. Plus, get free standard check orders, money orders, official bank checks and stop payments.

    TD Convenience Checking℠

    • New customers who apply online for a TD Convenience Checking℠ account can earn a $150 cash bonus after receiving direct deposits of $500 or more within 60 days. To qualify for this offer, you must be a U.S. resident and apply for the offer online. Offer is available in these states: CT, DC, DE, FL, MD, ME, MA, NC, NH, NJ, NY, PA, RI, SC, VT, VA
    • Earn $150 when you receive direct deposits totaling $500 or more within 60 days
    • Low minimimum daily balance of $100 waives the $15 monthly fee.
    • Students and young adults ages 17 through 23 get additional perks like no minimum balance requirements and no monthly maintenance fee.
    • Instantly replace a lost or worn debit card by visiting a TD Bank location near you
    • Access accounts via Online Banking with Bill Pay, Online Statements and TD Bank Mobile Deposit, with 24/7 cash access at TD ATMs in the U.S. and Canada – plus 24/7 Live Customer Service
    • Get a 0.25% discount on TD Bank Home Equity and Personal Loans

Checking Monthly Fees

TD Simple Checking: Charges $5.99 per month. There is no way to waive that fee, but the account does not require a minimum balance.

TD Convenience Checking: Charges $15 per month.

Waive that fee by meeting ONE of these conditions:

  • Maintain a daily balance of at least $100
  • Being 17 through 23 years old

    TD Bank

    TD Convenience Checking℠

    • New customers who apply online for a TD Convenience Checking℠ account can earn a $150 cash bonus after receiving direct deposits of $500 or more within 60 days. To qualify for this offer, you must be a U.S. resident and apply for the offer online. Offer is available in these states: CT, DC, DE, FL, MD, ME, MA, NC, NH, NJ, NY, PA, RI, SC, VT, VA
    • Earn $150 when you receive direct deposits totaling $500 or more within 60 days
    • Low minimimum daily balance of $100 waives the $15 monthly fee.
    • Students and young adults ages 17 through 23 get additional perks like no minimum balance requirements and no monthly maintenance fee.
    • Instantly replace a lost or worn debit card by visiting a TD Bank location near you
    • Access accounts via Online Banking with Bill Pay, Online Statements and TD Bank Mobile Deposit, with 24/7 cash access at TD ATMs in the U.S. and Canada – plus 24/7 Live Customer Service
    • Get a 0.25% discount on TD Bank Home Equity and Personal Loans

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 Bank

    TD Beyond Checking

    • New customers who apply online for a TD Beyond Checking account can earn a $300 cash bonus after receiving direct deposits of $2,500 or more within 60 days. To qualify for this offer, you must be a U.S. resident and apply for the offer online. Offer is available in these states: CT, DC, DE, FL, MD, ME, MA, NC, NH, NJ, NY, PA, RI, SC, VT, VA
    • Earn $300 when you receive direct deposits totaling $2,500 or more within 60 days
    • Get more from your checking account. With TD Beyond Checking with Payback Plus, you'll earn interest and get reimbursed for non-TD ATM transactions, Rush Bill Payments and more.
    • Monthly maintenance fee waived when you receive monthly direct deposits of $5,000 or more, or maintain a minimum daily balance of $2,500, or a combined balance of $25,000 across eligible TD accounts.
    • TD fees waived at any ATM and non-TD fees reimbursed when you keep at least a $2,500 daily balance
    • Overdraft Payback - Get overdraft fees automatically reversed up to two times a year.
    • Get your money where it needs to go —fast— with Rush Bill Payments, Send Money with Zelle®, incoming wires and a reimbursement for one outgoing wire (domestic or international) per statement cycle.
    • TD checking accounts come with an instant-issue debit card. And, you can pay with confidence with Zero Liability protection and 24/7 fraud monitoring.
    • Monthly maintenance fee waived on one TD Simple CheckingSM account and any Savings and Money Market accounts. Plus, get free standard check orders, money orders, official bank checks and stop payments.

TD 60 Plus Checking: Charges $10 per month.

You can waive that fee by maintaining a balance of at least $250 in the account every day.

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 Account:

  • 0.05% APY for all balances
  • No minimum required opening deposit
  • Charges a monthly fee of $4 (if you choose online statements only) or $5

You can waive that fee for the first year by:

  1. Linking a TD Bank checking account
  2. Setting up an automatic $25 recurring deposit every month

After the first year, you'll have to maintain a $300 minimum daily balance to waive the fee. Monthly fees are also waived for 17- to 23-year-olds and people 62 years or older.

TD Growth Money Market Account:

  • APY ranges from 0.03% to 0.25% depending on account balance/activity
  • Offers higher APY rates with automatic deposits of $50 or more per month
  • No required minimum opening deposit
  • Charges a monthly fee of $11 (if you choose online statements only) or $12

You can waive that monthly fee by maintaining a balance of at least $2,000 a day or being 62 or older.

TD Preferred Savings:

  • APY ranges from 0.05% to 1.00% depending on account balance/activity
  • 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
  • Charges no ATM fees when using non-TD Bank ATMs
  • Charges monthly fee of $14 (if you choose online statements only) or $15

You can waive that monthly fee by maintaining a balance of at least $20,000 a day.

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.

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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TD Bank Review


TD Bank Routing Number


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