TD Bank Promotions and Bonuses

TD is the 8th largest bank in the U.S., with more than 1,200 physical locations – primarily in the Eastern states. TD Bank offers straightforward accounts, user-friendly online and mobile banking, and generous customer service hours (including extended branch hours). Their retail investing products under the TD Ameritrade brand are also some of the industry's best-in-class.

On the downside, however, TD Bank's interest rates are low and their fees can be steep (though some are easily waivable, like their monthly maintenance fees, while others offer a couple of reimbursements each year, like their $35 overdraft charge).

If you're located in one of the targeted states (mostly along the East Coast), we definitely recommend their welcome bonuses. The requirements are relatively easy for the cash given, and they regularly offer both checking and savings account promos that you can stack.

Current Best TD Bank Promotions

Here are the active TD Bank bonuses that you can benefit from today:

• Beyond Checking: $300 bonus
• Convenience Checking℠: $200 bonus
• Personal Savings Account: $200 bonus
• TD Ameritrade Account: up to $1000 bonus

1. Beyond Checking - $300 bonus

TD Bank is offering a $300 welcome bonus for opening a personal checking account and using direct deposit within the first 2 months. What's more, you can maximize this promo by also opening a new personal savings account — stacking an extra $200 on top of this offer for a total of $500.

If the $2,500 in direct deposit is too high, they're also running a smaller offer with only a $500 deposit requirement.

While this isn't available nationwide, it is open to a healthy list of states, and is no longer targeted to select customers.

If you're eligible, we definitely recommend claiming this easy bonus.

2. Convenience Checking℠ - $200 bonus

TD Bank is offering a $200 welcome bonus for opening a personal checking account and using direct deposit within the first 2 months. What's more, you can maximize this promo by also opening a new personal savings account — stacking an extra $200 on top of this offer for a total of $400.

This is the highest we've seen this offer so now might be a great time to jump on it if you've been on the fence.

This is the smaller of 2 personal checking welcome offers that TD is currently running, with the other requiring a $2,500 direct deposit for a $300 bonus.

While this isn't available nationwide, it is open to a healthy list of states, and is no longer targeted to select customers.

If you're eligible, we definitely recommend claiming this easy bonus.

3. Personal Savings Account - $200 bonus

TD Bank is offering a $200 welcome bonus if you open a new savings account by October 31st, 2023. It works out to effectively be an interest rate of about 4% — significantly better than any savings account rates these days.

What's more, you can maximize this promo by also opening a new personal checking account — stacking an extra $300 or $150 on top of this offer for a total of up to $500.

While this isn't available nationwide, it is open to a healthy list of states, and is no longer targeted to select customers.

If you're eligible, we definitely recommend claiming this easy bonus.

4. TD Ameritrade Account - up to $1000 bonus

Available nationwide with the ability to open online, TD Bank is offering up to a $1,000 welcome bonus when you open a new investment account using the link below. This is a tiered bonus, the more you deposit into TD, the more you can earn. Tiers start at $25,000 and go up to $500,000 to receive the max bonus. Keep in mind you'll need to register for the bonus AND keep you deposits on hand for at least 12 months to receive the bonus.

Summary: TD Bank's Current Bonuses

Here’s a recap of the current TD Bank promotions and offers that you can claim right now:

Expired Offers From TD Bank

These bonuses were recently offered by TD Bank, but are not available at this time. Check back often as TD Bank may revive these deals or offer similar promotions in the future.

TD Ameritrade Account - up to $2500 bonus (Expired)

Available nationwide with the ability to open online, TD Ameritrade is offering up to a $2,500 cash bonus when you open a new TD Ameritrade brokerage or retirement account and make your first deposit.

This is a tiered bonus. In other words, TD Bank is offering a higher reward for higher deposits – so the more cash you have to put into your new account, the more money you can earn.

Bonuses range from $350 to $2,500, with the lowest tier requiring a deposit of $250,000 and the highest requiring at least $2 million.

TD Bank and TD Ameritrade Promotions FAQs

How do I find out about new account bonuses from TD Bank?

You can find most of TD Bank's active offers right on this page. From time to time TD Bank will also run targeted offers that may vary slightly from what you see here. For those, you'll need to have received the marketing material directly from TD Bank in order to qualify.

Does TD Bank offer investment account bonuses?

Technically, TD Ameritrade is a separate company owned by Charles Schwab, after the acquisition in October 2020. We list the TD Ameritrade promotions here, however, because (for now, at least) they've kept the 'TD Ameritrade' brand, along with its thinkorswim platform.

With that caveat aside, yes, TD Ameritrade often looks to attract new customers and their cash through the use of bonus offers.

To qualify, you'll usually need to open a new brokerage or retirement account, and then transfer in a certain amount of cash.

How long does it take to get paid a bonus from TD Bank?

Account bonus payouts can definitely vary – not only from bank to bank, but even from offer to offer.

For new checking or savings accounts, TD Bank typically pays the bonus within about 3-4 months. This is slightly longer than other national banks like Chase, who promises to credit your bonus within 15 days.

For investment accounts through TD Ameritrade, promotions pay out a bit quicker – typically within 45 days. Keep in mind, however, that the fine print often requires you to maintain your cash in your new investment account for at least 12 months, or you may forfeit the bonus you'd received.

Can I get multiple TD Bank promotions?

Probably not. Most offers are only available to new TD Bank customers, and you usually only get one shot at a particular bonus.

Keep in mind that by "new", we mean new for that particular account category.

For example, receiving a TD Beyond Checking account bonus doesn't keep you from also getting a TD Savings account bonus. It would, however, exclude you from also getting the TD Convenience Checking℠ offer.

Are sign-up bonuses from TD Bank taxed?

Yes, like all bank bonuses, cash you earn from TD Bank promotions will be reported to the IRS and taxed as income. Keep this in mind when you're figuring out your total return on any given offer.

The exception to this are credit card offers. Since most credit cards require a minimum spending amount to qualify for a bonus, the reward doesn't count as taxable income.

Which TD Bank Promotion Is Best For You?

As always, our advice here remains the same: only open a new account from a bank that truly serves you financially, not just to claim a bonus.

That said, TD Bank is one of our top picks among national chains, and they very likely may be a great fit for you – particularly if you're on the East Coast.

In J.D. Power’s comprehensive study of banking customer experiences, TD Bank was the highest-rated national bank in 2019 in terms of customer satisfaction. Within the study, TD Bank ranked highest in terms of convenience, branch service, and online banking satisfaction.

In the more recent 2020 study however, TD dropped a few slots – now in 4th – but still were rated favorably by the majority of their customers.

Most TD Bank locations are open seven days a week, and they tend to have more flexible hours than other big national banks.

They offer a robust number of products, including 6 different checking accounts, 2 savings accounts, a money market account, CDs, and credit cards.

Plus, as you can see from the list above, they also offer competitive sign up bonuses that are available in a wide number of states.

Now that you know all about the promotions available from TD Bank and TD Ameritrade, you are a step or two closer to deciding whether or not it's the right banking partner for you.

Good luck!

Find Out More About TD Bank

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Contact:

TD Bank Mailing Address: 2035 Limestone Road
Wilmington, DE 19808
TD Bank Website