Newest TD Bank Promotions: Best Offers, Coupons and Bonuses August 2020

TD Bank promotions

TD Bank is a subsidiary of The Toronto-Dominion Bank of Toronto, Canada, and boasts U.S. locations up and down the East Coast. Now might be a good time to look at TD Bank promotions currently available.

Not taking the time to investigate these types of offers is like walking away from free money — something roughly two-thirds of respondents in a GOBankingRates survey said they do. Rather than join that group, take a look at cash bonuses that are available at TD Bank and decide if one of them is right for you.

TD Bank Promotions at a Glance

Here’s an overview of the most recent TD Bank offers:

Best TD Bank Promotions: August 2020
Account Cash Value of Bonus Expiration Date
Beyond Checking $300 N/A
Convenience Checking $150 N/A
TD Bank Cash Credit Card $150 N/A
TD Business Solutions Credit Card $300 N/A
TD Bank Referrals $500 N/A

Current TD Bank Promotions

Now that you know the basics of the current TD Bank offers, read on for more details to help you decide if the current promotions might make a good fit:

TD Bank Beyond Checking: $300 Bonus

TD Bank Beyond Checking is an interest-bearing account that carries a $25 monthly maintenance fee you can avoid by maintaining a $2,500 minimum daily balance or having $5,000 or more in direct deposits within the statement cycle. The current promotion for this account offers a $300 bonus if you meet the requirements. Here’s more:

  • Cash value: $300
  • Minimum deposit to qualify: $0
  • Expiration date: May expire at any time
  • How to get it: Open an account and receive $2,500 in direct deposits within the first 60 days. No TD Bank coupon code is needed for this promotion.
  • When you’ll get it: No more than 95 days after account opening
  • Terms and conditions: Existing customers are not eligible for this TD Bank checking account bonus. You must open the account online to receive the bonus.
  • Monthly fees: $25, but can be waived if you meet the requirements
  • Promotion pageTD Bank Beyond Checking bonus offer 

TD Bank Convenience Checking: $150 Bonus

Unlike the Beyond Checking account, TD Bank’s Convenience Checking account doesn’t earn interest. It carries a $15 monthly fee that can be waived as long as you maintain a $100 minimum daily balance. If you are 17 to 23 years old, the monthly account fee is waived no matter your daily balance. Here’s how to earn the bonus:

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  • Cash value: $150
  • Minimum deposit to qualify: $0
  • Expiration date: May expire at any time
  • How to get it: Receive direct deposits of $500 or more within the first 60 days.
  • When you’ll get it: No more than 95 days after account opening
  • Terms and conditions: This bonus is open to new account holders only, and you have to open the account online.
  • Monthly fees: $15, which can be avoided if you maintain a minimum daily balance.
  • Promotion pageTD Bank Convenience Checking bonus offer

TD Bank Cash Credit Card: $150 Bonus

The TD Cash credit card is a rewards card that features a 0% annual percentage rate for the first 15 billing cycles. You can earn 3% cash back on dining, 2% back on grocery store purchases and 1% back on everything else. Plus, there are no caps or limits to the number of rewards you can earn as long as your account is in good standing. Here’s more on the bonus:

  • Cash value: $150
  • Minimum deposit to qualify: N/A
  • Expiration date: May expire at any time
  • How to get it: Apply and get approved for the card, then make $500 in purchases within the first 90 days after opening the account.
  • When you’ll get it: The bonus will be reflected in the points summary section of your statement six to eight weeks after you meet the qualifying requirements.
  • Terms and conditions: The bonus is not available if you opened an account previously or open another account in response to a bonus offer from TD Bank.
  • Annual fee: None
  • Promotion pageTD Cash credit card bonus offer

TD Bank Business Solutions Credit Card: $300 Bonus

The TD Business Solutions credit card is a rewards card that features a 0% APR for the first six billing cycles. You can earn 3% cash back on phone, internet and cable services; 2% on dining and gas station purchases; and 1% on everything else. There are no caps or limits on the number of rewards you can earn as long as your account is in good standing. You’ll get an extra $300 by meeting the following requirements:

  • Cash value: $300
  • Minimum deposit to qualify: N/A
  • Expiration date: May expire at any time
  • How to get it: Apply and get approved for the card, then make $3,000 in total purchases within the first 90 days.
  • When you’ll get it: The bonus will be reflected on your account within six to eight weeks of completing the qualifying activities.
  • Terms and conditions: This TD Bank bonus is not available if you’ve received another bonus from TD Bank, or if you open another account in response to any bonus offer from TD Bank.
  • Annual fee: None
  • Promotion pageTD Business Solutions credit card bonus offer

Learn More About TD Bank: Convenience, Selection and Service

TD Bank Referrals: $500 Bonus

If you like what TD Bank has to offer, let other people know. You can earn $50 by referring a friend to the bank — and your friend can earn $50, too. You’re allowed up to 10 referral bonuses per year, which adds up to $500. Here’s more:

  • Cash value: $500
  • Minimum deposit to qualify: N/A
  • Expiration date: May expire at any time
  • How to get it: Print and fill out the referral form, then give it to your friend to complete the necessary requirements.
  • When you’ll get it: You’ll get the bonus 60 days after your friend meets the requirements.
  • Terms and conditions: Your friend must take the referral form to a TD Bank branch, open a checking account, and either receive a direct deposit of $250 or more or make 15 debit card purchases within 60 days after opening the account.
  • Monthly fees: N/A
  • Promotion pageTD Bank Referrals bonus offer

Opening a TD Bank Account

For most TD Bank bonuses, you need to open an account. You can open one in person, by phone or online. Here’s what you need to know:

How To Open a TD Bank Account Online

Opening a TD Bank account online is simple — just visit the bank’s account opening page and follow the prompts. You’ll need basic identifying information about yourself as well as a way to fund the account.

How To Open a TD Bank Account in Person

To open a TD Bank account in person, use this TD branch locator to find the branch closest to you. You’ll need to provide personal ID information and a way to fund your initial deposit, if applicable.

How To Open a TD Bank Account by Phone

To open a TD Bank account via phone, call the bank at 888-751-9000 to reach a live customer service representative who can help you. The phone lines are available 24/7 throughout the year.

Are TD Bank Promotions Right for You?

If you’re looking for a full-service bank that offers a host of promotional offers and accounts with special perks, one of these TD Bank promotions might be the incentive you need to switch banks.  You can earn hundreds of dollars in bonus cash by opening certain accounts and meeting the requirements, though you’ll need good credit to qualify for the credit card bonuses.

Just keep in mind that TD Bank’s branch locations are primarily located along the East Coast. If you don’t live in the service area and prefer in-branch service rather than online banking, the bonuses might not be enough to get you to switch over.

Check back each month for updates and new promotions as they are available. If none of the above promotions seem like a good fit for you, there are also a number of other banks offering promotions this month.

Rates, offers and requirements are subject to change.

This content is not provided by TD Bank. Any opinions, analyses, reviews or recommendations expressed in this article are those of the author alone and have not been reviewed, approved or otherwise endorsed by TD Bank.

This article has been updated with additional reporting since its original publication. 

About the Author

Cynthia Measom is a Texas-based writer specializing in finance, business, parenting and education. With almost a decade of online writing experience, her work has appeared on websites such as Chron.com, The Bump and The Motley Fool. Measom received a Bachelor of Arts in English from the University of Texas at Austin.