Are you in the market for a new checking account?
TD Bank has several promotions going on right now:
- They have two cash bonus offers when opening a new checking account,
- A savings account bonus of $200, plus,
- a TD Bank Cash Card promotion worth $150 cash back
The terms are fairly simple for the checking account – open an account and receive direct deposits. The Premier Checking account has a higher bonus but much higher minimum balance (to avoid fees) and direct deposit totals. If the tiers are too high on the Premier, you can still get cash by going with the Complete checking option too. At the very least, you’ll walk away with $200 and a solid checking account to go with it.
Layer on one of their savings accounts (which require fairly large deposits) and you get another $200.
TD Bank N.A. is FDIC insured (FDIC # 33947) and they have branches in Connecticut, Washington D.C., Delaware, Florida, Massachusetts, Maryland, Maine, North Carolina, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island, South Carolina, Virginia, and Vermont. Here’s our guide to finding your TD Bank routing number.
💵 U.S. Bank – up to $450
Earn up to $450 when you open a new U.S. Bank Smartly® Checking account and complete qualifying activities. Subject to certain terms and limitations. Offer valid through April 17, 2025. Member FDIC.
Offer may not be available if you live outside of the U.S. Bank footprint or are not an existing client of U.S. Bank or State Farm.
Table of Contents
🔃 Updated December 2024 with updated details for all the promotions on this list, including updated expiration dates. The Checking account bonus is now up to $300 and the savings bonus remains at $200. Previously, they were targeted but now available to residents of selected states.
TD Automated Investing – up to $750 [EXPIRED]
TD Bank is offering a tiered bonus of up to $750 when you open a TD Automated Investing account before 10/31/2024. You just need to fund your account within 30 calendar days of opening your account and then keep that balance in there for 90 days.
The cash bonus will be deposited within 15 days of meeting those requirements.
The bonus schedule is:
| Deposit Amount | Bonus Amount |
|---|---|
| $1,000 – $4,999 | $50 |
| $5,000 – $24,999 | $150 |
| $25,000 – $49,999 | $250 |
| $50,000 – $74,999 | $450 |
| $75,000 – $99,999 | $750 |
It’s important to know that since this is an automated investment account, there are fees. There’s an annual wrap fee of 0.30% for all account balances (including cash) with a minimum of $15.
(Offer expires 10/31/2024)
TD Bank Bonus [Targeted]
It appears that the TD Bank bonus, which is pretty good and can net you several hundred dollars, may be targeted. I received one in the mail but there was nothing personalized about it – no special codes or anything strange.
TD Bank sent out a mailer that you can bring into a branch. They say the offer is available only to those who received a mailer, though I’m unsure how they can confirm who received one or not. I was sent one, but the middle name was wrong.
Either way, here are the terms.
TD Bank offers bonuses on these two checking accounts:
- TD Complete Checking – $200 bonus (details below), $100 minimum balance to avoid fee, discount on first order of checks
- TD Beyond Checking – $300 bonus (details below), $2500 minimum balance to avoid fee, no ATM fees, free first order of check
Both of these offers are for new customers who do not have an existing or prior checking account at TD Bank. You will need to open the account online and the direct deposits need to be recurring deposits of your paycheck, pension, or benefits from the government (like Social Security) or your employer. You can’t transfer funds from another account and have it count. The bonus is deposited within 95 days of satisfying the criteria.
Then, layer on either a TD Beyond Savings or a TD Simple Savings and deposit $10,000 or more in new money within 20 days of account opening, then maintain a balance of at least $10,000 for 90 additional days from the 20th day after account opening. Then you earn an additional $200.
More details on each of the deals below:
TD Bank Beyond Checking Promotion – $300
TD Bank has a Beyond Checking promotion of $300 with very reasonable requirements for an account of this type. Just open a TD Beyond Checking account and receive direct deposits of $2,500 or more within 60 days of opening your account.
To qualify for this offer, you must be a U.S. resident and apply for the offer online.
There is a $25 monthly maintenance fee that is waived when you maintain a $2,500 minimum daily balance. They also offer overdraft service as well as free money orders, bank checks, stop payments, paper statements with check images, as well as incoming wire transfers.
Remember, this bonus will be reported as taxable income on Form 1099-MISC.
This offer is available in these states: CT, DE, DC, FL, ME, MD, MA, NH, NJ, NY, NC, PA, RI, SC, VT, and VA..
(Offer expires 1/31/2025)
The information for this product or card has been collected independently by WalletHacks.com. The card details on this page have not been reviewed or provided by the card issuer.
TD Bank Complete Checking Promotion – $200
If the balance requirements or the direct deposit requirement was too high, you can get $200 by opening a TD Complete Checking account and receive direct deposits of more than $500 within 60 days of opening the account. $2,500 in direct deposits within 60 days can be high, $500 might be easier to reach.
To qualify for this offer, you must be a U.S. resident and apply for the offer online.
There is a $15 monthly maintenance fee that is waived if you maintain a minimum daily balance of just $100. This checking account does not earn interest.
This offer is available in these states: CT, DE, DC, FL, ME, MD, MA, NH, NJ, NY, NC, PA, RI, SC, VT, or VA.
(Offer expires 1/31/2025)
The information for this product or card has been collected independently by WalletHacks.com. The card details on this page have not been reviewed or provided by the card issuer.
TD Signature Savings or TD Simple Savings – $200
For the savings component, you can open either a TD Signature Savings or a TD Simple Savings – the requirements are the same for both. Just deposit $10,000 or more in new money within 20 days of account opening, then maintain a balance of at least $10,000 for 90 additional days from the 20th day after account opening. It’s a relatively high amount but if you can reach it, the terms are simple.
What’s the difference between TD Signature Savings vs TD Simple Savings? The TD Signature Savings account offers a tiered interest rate and the TD Simple Savings offers a flat rate. Both rates are quite low.
The TD Simple Savings accounts has a $5 monthly fee that is easily avoided (maintaining a $300 daily balance is one way, so is linking to a TD Beyond Checking account). The TD Signature Savings has a $15 monthly fee that you can void by also linking a TD Beyond Checking account (or maintaining a $20k balance!).
(Offer expires 1/31/2025)
The information for this product or card has been collected independently by WalletHacks.com. The card details on this page have not been reviewed or provided by the card issuer.
TD Bank Cash Card – $150 cash back
If you are looking for a new credit card, the TD Bank Cash Card has a $150 cash back when you spend $500 within 90 days of opening the account. It pairs nicely with the banking promotions and $150 cash back is a nice amount for such a modest spend requirement.
The card offers 3% cashback on dining, 2% cash back at grocery stores, and 1% on everything else[ – so it’s a very good daily spending card too.
Lastly, it has a $0 annual fee and no foreign transaction fee, so very useful if you’re traveling internationally.
Learn more about TD Bank Cash Card
How does bonus offer this compare?
We maintain a comprehensive list of bank bonuses (a good place to look if you don’t think you can satisfy this bonus’s requirements) so we know a good bonus when we see one.
U.S. Bank – up to $450
Earn up to $450 when you open a new U.S. Bank Smartly® Checking account and complete qualifying activities. Subject to certain terms and limitations. Offer valid through April 17, 2025. Member FDIC.
Offer may not be available if you live outside of the U.S. Bank footprint or are not an existing client of U.S. Bank or State Farm.
Barclays – $200
Barclays Bank will give you a $200 if you open a new savings account and deposit $25,000 within 30 days of opening the account and maintain at least $25,000 in that account for 120 days. The savings account also pays a competitive interest rate of up to 4.50% APY while you wait.
BMO Checking – $350
BMO is offering a $350 bonus* when you open a BMO Checking account and have $4,000 in direct deposits within 90 days of opening. It is a very straightforward offer that is available nationwide.
*Conditions apply
Bank of America – $300 Bonus Offer
Bank of America offers a $300 Bonus Offer cash bonus if you open a new account 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. It has a monthly fee that is easy to have waived.
Chase Total Checking® – $300
Chase Bank will give you $300 when you open a Total Checking account and set up and receive direct deposits totaling $500 or more within 90 days. There is a $12 monthly fee that is waivable with a monthly direct deposit of just $500, so no gotchas on this deal!
In the end, eligibility is important too and this one is open to a broad geographic area.
Final Verdict
This is an above-average bonus offer that is generous enough to be enticing. If you don’t have an account and don’t mind redirecting your direct deposit, it’s a good one to take advantage of if you are in the market.
The requirements are standard and the account itself is good too – it’s an all around good offer.
Note the TD Bank Beyond Checkin $400 offer has this disclaimer: Offer valid from August 20, 2024, through November 15, 2024, and is available only to the person addressed in the mailer or email. Do not sign up under this link if you didn’t get the mailer, they will likely check to see if a mailer was sent to your address.
This is a great catch, I’ll amend the post to include this note. Thank you Dan!