TD Bank Fees: What They Cost and How To Avoid Them
Written by
Daria Uhlig
Edited by
Melanie Grafil
Commitment to Our Readers
GOBankingRates' editorial team is committed to bringing you unbiased reviews and information. We use data-driven methodologies to evaluate financial products and services - our reviews and ratings are not influenced by advertisers. You can read more about our editorial guidelines and our products and services review methodology.
20 Years
Helping You Live Richer
Reviewed
by Experts
Trusted by
Millions of Readers
Understanding TD Bank Fees
TD Bank offers checking and savings accounts geared toward students, seniors and everyone in between. The bank charges a monthly maintenance fee on most of these accounts, but it waives the fees for customers who maintain a minimum balance or meet other qualifying criteria.
Keep reading to find out more about TD Bank fees and how you can avoid paying them.
TD Bank Monthly Service Fees
TD Bank charges monthly maintenance fees for certain checking or savings accounts that you open. Essentially this is a service fee for using the products or service. For many of these accounts, the fee can be easily waived by maintaining a minimum balance, linking eligible accounts, setting up direct deposits and more.
Here’s a glance at the TD Bank fees you can expect:
| Account Type | Monthly Fee | How To Waive |
|---|---|---|
| TD Beyond Checking | $25 | -Maintain a $2,500 minimum daily balance -Have $5,000 or more in direct deposits per statement cycle -Keep a $25,000 combined balance across TD accounts |
| TD Complete Checking | $15 | -Maintain a $500 minimum daily balance -Receive $500 or more in direct deposits per statement cycle -Keep a $5,000 combined balance across TD accounts |
| TD Essential Banking | $4.95 | No waiver options |
| Student Banking | $0 | No monthly fees |
| TD Signature Savings | $15 | -Maintain a $10,000 minimum daily balance -Link to an eligible TD checking account |
| TD Simple Savings | $5 | -In the first year, set up a $25 or more recurring transfer from a TD checking account -After the first year, maintain a $300 minimum daily balance or be under 18 or over 62 |
TD Bank Checking Account Fees
As listed in the table below, TD Bank’s checking account fees range from $0 to $25 per month, depending on which account you have. The Student Checking account is the exception — it’s the only fee-free checking account TD Bank offers.
| Account | Monthly Service Fee | How To Avoid the Fee |
|---|---|---|
| TD Beyond Checking | $25 | The fee can be waived by either: – Having $5,000 or more in direct deposits within a statement cycle – Maintaining a $2,500 minimum daily balance – Having a $25,000 minimum daily combined balance across all eligible linked TD Bank accounts |
| TD Complete Checking | $15 | You can waive the fee by either: – Having $500 or more in direct deposits within a statement cycle – Maintaining a $500 minimum daily balance – Having a $5,000 minimum daily combined balance across all eligible linked TD Bank accounts |
| TD Essential Banking | $4.95 | N/A |
| Student Banking | $0 | N/A |
TD Bank Savings Account Fees
TD Bank’s monthly savings account fees range from $0 to $15, depending on the account.
| Account | Monthly Service Fee | How To Avoid |
|---|---|---|
| TD Signature Savings | $15 | -Maintain at least a $10,000 minimum daily balance -Link to an eligible TD checking account |
| TD Simple Savings | $5 | – In your first year of owning the account, have a $25 recurring transfer from a TD checking account – After the first year, maintain a daily balance of $300 – Be under 18 or over 62 |
TD Bank Overdraft Fees
An overdraft fee is the amount a bank charges you in the event you spend more than you have in your checking account. Below is the breakdown of TD Bank overdraft fees and ways to minimize them:
| Fee Type | Cost | How To Avoid It |
|---|---|---|
| Overdraft Fee | $35 per occurrence — up to 3 per day | Enroll in overdraft protection |
| Overdraft Fee Exception | $0 for overdrafts of $50 or less | Monitor balances and set up low-balance alerts |
Other Common TD Bank Fees
In addition to monthly account fees and overdraft fees, you might also face ATM fees with TD Bank.
You can use TD Bank ATMs in the U.S. and Canada free of charge no matter what checking and/or savings account you have. The fee for using a non-TD Bank ATM is $3 for most accounts, but TD Beyond checking and savings customers can use those for free as well.
What’s more, TD Bank reimburses fees charged by the non-TD Bank ATM terminal or network as long as you maintain a $2,500 minimum daily balance in your Beyond account.
Tips To Minimize TD Bank Fees
While TD Bank fees are sometimes unavoidable, there are a few strategies to minimize or eliminate them:
- Set up direct deposit to qualify for fee waivers on some accounts.
- Use in-network ATMs to avoid extra withdrawal charges.
- Opt into overdraft protection to link a savings account.
- Enable low-balance alerts to get notified when funds are running low.
Conclusion
You’ll get the most benefit from your TD Bank account when you meet the criteria for the special perks the bank offers. Here are some rewards you can earn:
- Get a “rate bump” on your TD Signature Savings account when you link an eligible account.
- Simplify saving by scheduling automatic transfers to your Simple Savings account from other TD Bank accounts.
- Earn interest-rate discounts on personal and home-equity loans with a qualifying TD Bank checking account.
- Keep your accounts secure with contactless debit card payments and transaction alerts.
To view the TD products and services, visit the TD Bank website or pop into a local branch location to speak with a bank representative.
FAQ
Here are the answers to some commonly asked questions about TD Bank fees.- How can I get my TD Bank monthly service fee waived?
- You can waive the fee by maintaining a minimum balance, setting up direct deposits or linking eligible TD accounts. Waiver requirements vary by account.
- What is the overdraft limit for TD Bank accounts?
- TD Bank allows up to three overdraft charges per day. These are each $35. Small overdrafts of $50 or less are not charged a fee.
- Does TD Bank refund ATM fees?
- Yes, TD Beyond Checking and Signature Savings accounts qualify for ATM fee reimbursements if you meet balance requirements.
More on TD Bank
- TD Bank Review
- Newest TD Bank Promotions and Offers
- TD Bank Routing Number
- How To Open a TD Bank Account
- TD Bank CD Rates
- TD Bank’s Hours
Caitlyn Moorhead contributed to the reporting for this article.
Editorial Note: This content is not provided by any entity covered in this article. Any opinions, analyses, reviews, ratings or recommendations expressed in this article are those of the author alone and have not been reviewed, approved or otherwise endorsed by any entity named in this article.
Data is accurate as of July 16, 2025, and is subject to change.
