Pros

No monthly fee for TD Convenience Checking if you maintain a balance of at least $100.
Many of the 1,200 East Coast locations are open seven days a week.
$150 sign-up bonus for Convenience Checking customers.
No foreign debit card transaction fees.

Cons

$3 fee for non-TD Bank ATMs with TD Simple and TD Convenience checking accounts.
Earns 0.05% APY on Simple Savings; better rates available elsewhere.

Overall

3.5

At TD Bank, a brick-and-mortar bank with a strong presence in the Eastern U.S., you’ll find straightforward accounts with average features. TD’s most attractive account may be Convenience Checking, which comes with a cool $150 bonus. To skirt the account’s $15 monthly fee, you’ll need to make sure you never dip below the $100 minimum daily balance.

Ratings methodology | Updated April 11, 2018

Checking

4.0

You can choose among three main types of TD Bank checking accounts, including TD Simple, a no-minimum-balance account, and TD Premier, where you’ll earn a small amount of interest if you carry a balance of $2,500 or more. The drawback for TD Simple: It has a mandatory monthly fee of $5.99, but there are no transaction requirements.

To qualify for a bonus of $150 or $300, new customers need to open a checking account online and receive direct deposits of at least $500 (TD Convenience) or $2,500 (TD Premier) within the first 60 days.

Also of note: If you travel, TD Bank offers a nice perk — no foreign debit card transaction fees. And for customers who visit Canada, there’s no charge to use TD Canada Trust ATMs.

TD Simple Savings
APY
0.05%
Min. balance for APY
$1

at TD Bank,

Member, FDIC

Certificate of Deposit
APY
0.60%
Min. balance for APY
$10,000
Length of term
5 years

at TD Bank,

Member, FDIC

TD Convenience Checking℠
APY
N/A
Monthly fee
$15
Balance to waive monthly fee
$0

at TD Bank,

Member, FDIC

NerdWallet reviews are the result of independent research by our editorial team while accountholder reviews are contributions from independent users not affiliated with NerdWallet. Banks, issuers and credit card companies are not responsible for any content posted on the NerdWallet site, nor do they endorse or guarantee any posted comments or reviews.
Overall
Customer service
Poor
Website / app
Poor
Rates
Poor
Fees
High
30 Year Customer gone.
Due to rediculous and outrageous fees, charges and constant harrassing upselling of their products to people that dont want them... Tellers that cannot complete the simplest customer transactions as requested. Awful customer support... or should I say no customer support.... and driving greed that places profit over dedicted customers needs. I am taking every asset currently with TD elsewhere. They used to be a great bank... until they became too greedy and uncaring. Everything to make more profit... They have nickel and dimed me for the last time.
Overall
Customer service
Fair
Website / app
Poor
Rates
Poor
Fees
High
Very shiesty the way this company handles its transactions
Customer service was actually not bad once I called. However the bank is pushing certain transactions back a day and then charging me overdraft fees! I know this because I was checking my account all day one day. No transactions made,the next day transaction goes through along with a deposit made. Next day I see the transaction pushed back a day resulting in an over draft charge! Switching banks A.S.A.P
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