TD Bank $200 Savings and $300 Checking Bonuses Available Again

POSTED ON BY

Deal Summary: $200 bonus, TD Beyond Savings or TD Simple Savings; $300 bonus, TD Beyond Checking.

Availability: Available in CT, DC, DE, FL, ME, MD, MA, NH, NJ, NY, NC, PA, RI, SC, VA, and VT.

Now through November 30, 2021, TD Bank is offering a $200 bonus when opening a new TD Beyond Savings or TD Simple Savings account, depositing at least $20k of new money (not currently held in a TD Bank retail deposit account) within 20 calendar days of account opening, and maintaining a minimum daily balance of $20k for at least 90 days.

The $200 savings bonus is available only to individuals who do not have an existing or a prior personal savings or money market account at TD Bank within the previous 12 months, or “customers who received a bonus on a previous savings account at any time.” The phrase in quotes is new language since I last wrote about this bonus in February 2021.

APYMINMAXINSTITUTIONPRODUCTDETAILS
0.02%--TD BankSimple Savings
0.01*%--TD BankTD Beyond Savings w/ Standard Rate
Rates as of September 17, 2021.

The TD Beyond Savings $15 monthly maintenance fee will be waived if a $20k minimum balance is maintained or the savings account is linked to a TD Beyond Checking account.

The TD Simple Savings $5 monthly maintenance fee will be waived if 1) a $300 minimum daily balance is maintained or, 2) the savings account is linked to a TD Beyond Checking account or, 3) the savings account is linked to a TD Convenience Checking account and the account owner is under 24 or, 4) recurring $25+ transfers are made from a linked TD Checking account or, 5) if the account owner is younger than 18 or older than 62

The following is a portion of the Disclosure listed at the bottom of the landing page.

  • Once the offer criterion is met, the bonus will be credited to the new personal savings account no later than 140 days from the account opening date.
  • Account must remain open, active, in good standing and in the same product type through the qualifying period to receive the bonus.
  • If the savings account is closed by the Customer or TD Bank within 6 months after account opening, TD Bank does reserve the right to deduct the bonus amount from that account at closing.
  • One savings bonus per account per Customer and cannot be combined with any other offer.
  • TD Bank employees and Canadian cross-border banking Customers are not eligible.

Thanks to DA reader, Carpline, who emailed me about the new end-date for these bonuses.

$300 Checking Bonus

TD Bank is also offering a $300 bonus when opening a new TD Beyond Checking account and having at least $2.5k in direct deposit(s) within 60 days of account opening. This offer is valid now through November 30, 2021 and is available to individuals who do not have an existing or a prior personal checking account at TD Bank within the previous 12 months, or “customers who received a bonus on a previous checking account at any time.” (Again, phrase in quotes is new language.)

APYMINMAXINSTITUTIONPRODUCTDETAILS
0.03*%$50k-TD BankTD Beyond Checking
OTHER TIERS: 0.01% Up to $10k | 0.02% $10k - $50k
Rates as of September 17, 2021.

The Beyond Checking’s $25 monthly maintenance fee will be waived,

when you set up direct deposits of $5,000 or more within a statement cycle, maintain a $2,500 minimum daily balance or have a $25,000 combined balance across eligible TD accounts.

As stated on the Checking Bonus landing page, the $300 bonus can be combined with the $200 savings bonus.

Add a savings account to earn $200 more.

The Disclosure listed on the landing page contains information about the Checking Bonus that is similar to that of the Savings Bonus Disclosure.

  • Once the offer criterion is met, the bonus will be credited to the new personal checking and/or personal savings account no later than 140 days from account opening.
  • Account(s) must remain open, active, in good standing and in the same product type through the qualifying period to receive the bonus.
  • If either checking or savings account is closed by the Customer or TD Bank within 6 months after account opening, TD Bank does reserve the right to deduct the bonus amount from that account at closing.
  • TD Bank employees and Canadian cross-border banking Customers are not eligible.

One additional item in the checking bonus disclosure concerns direct deposit:

Qualifying direct deposits include your paycheck, pension, government benefits (such as Social Security), or other eligible regular monthly income from your employer or the government electronically deposited into your checking account. Person-to-person and bank transfers between your TD Bank accounts or accounts you have at other financial institutions or brokerages do not qualify.

Availability

Headquartered in Wilmington, Delaware, TD Bank’s market area includes Connecticut, Delaware, District of Columbia, Florida, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, North Carolina, Pennsylvania, Rhode Island, South Carolina, Virginia, and Vermont.

Applying for a savings bonus or a checking bonus can only done online. TD Bank has more than 1,100 branches located on the East Coast from Maine to Florida, but the fine print on the Checking/Savings Bonus landing page states, “available only when opening through a qualifying website.”

It took me a moment to figure out how to access the online application: there is no “Apply Now” or “Open An Account” button to click on. Instead, “Select this account” is listed below each savings/checking account. Clicking on the box next to “Select this account” brings up the “Open Account” link.

Bank Overview

TD Bank has an overall health grade of "A+" at DepositAccounts.com, with a Texas Ratio of 2.43% (excellent), based on March 31, 2021 data. In the past year, TD Bank has increased its total non-brokered deposits by $50.91 billion, an excellent annual growth rate of 28.64%. Please refer to our financial overview of TD Bank (FDIC Certificate # 18409) for more details.

Founded in 1852 as the Penobscot Savings Bank (Bangor, Maine), TD Bank has experience seven name changes, 29 acquisitions, and three headquarter relocations in the past 43 years. TD Bank is currently the eighth largest bank in the country, with assets in excess of $411 billion and more than 22 million customer accounts.

Bottom Line

Earning the $200 Savings Bonus doesn’t require much effort. Earning $200 on a $20k deposit in six months (account must remain open for six months) is the approximate equivalent of a 2% APY.

The numbers for the Checking Bonus are actually impressive: a minimum $2.5k earning $300 in six months (account must remain open for six months) is the approximate equivalent of a 24% APY.

Combined, the Savings and Checking Bonuses have an approximate equivalent of a 4.4% APY.

To earn $500 in six months in an online savings account with a 0.50% APY would require a balance of $200k.

If you don’t qualify for the TD Bank bonuses, check out our full list of the best savings and checking account bonus offers.

The above information is accurate as of 8/28/2021.

Related Pages: bank bonuses

Comments
Rickny
  |     |   Comment #1
Recently got this bonus. Opened the account online.. They paid the bonus when promised and I closed the account at the 6 month mark to ensure they wouldn't claw back the bonus which was a possibility according to the terms.

Easy $200.
Rickny
  |     |   Comment #2
I did the savings account bonus. Sorry edit feature not working.
Rosedala
  |     |   Comment #3
Oh no! I've been having a plain checking account with TD Bank for decades so I guess I'm not eligible even if I open an entirely new account! I'll ask them anyway. It would be nice to get this bonus in payment of the decades I never received a penny more than about 0.01% in interest. lol!
Rosedala
  |     |   Comment #4
Rickny you were very smart to close the account in 6 months before they might do it and you lose the bonus. I'll do the same.

I re-read the article and it seems though I have a checking account, I am eligible for a "Beyond Savings Account" or "Simple Savings Account"...neither of which I ever opened or have. I'll probably open the first of the two since the "Simple" one has more split hairs to untie lol!
Rickny
  |     |   Comment #5
I would read the fine print of the offer.
Rosedala
  |     |   Comment #6
Rickny, could you tell me why you think I should read the "small print"? I always read it and I think I understood it, but will appreciate your input. Meantime trying to open that $200 bonus "Beyond Savings" account and it's giving me trouble with the verification. I'll try tomorrow again or I'll go to my cross the street branch... :)
Rickny
  |     |   Comment #7
Looks like you are eligible. The one thing I would watch is:

If either checking or savings account is closed by the Customer or TD Bank within 6 months after account opening, TD Bank does reserve the right to deduct the bonus amount from that account at closing.

Good Luck! Hope you get your verification problem corrected.
Rosedala
  |     |   Comment #8
Thank you so much! I read how well you managed that possible 6 month account closure, will keep my eyes opened. In following Ken's wonderful reports on Banks Bonuses, I found the Santander Bank which covers many states for $400 bonus checking account. You may want to look into it?
Rickny
  |     |   Comment #9
Thanks on the tip about Santander Bank. Haven't seen that on on any bonus sites but I'll check it out.

They don't have any branches near me if the bonus requires a visit.
Rickny
  |     |   Comment #10
Found the offer. $400 bonus on $6000 balance but requires direct deposit.

One of my relatives in Brooklyn works for Chase. He has a checking account with Santander since they gave him a bonus.
Rickny
  |     |   Comment #11
Rosedale Just to be more clear. If you close the account BEFORE 6 months they can claw back the bonus. So wait at least 6 months if you intend to close the account.

If either checking or savings account is closed by the Customer or TD Bank within 6 months after account opening, TD Bank does reserve the right to deduct the bonus amount from that account at closing.
Rosedala
  |     |   Comment #12
Thank you for the good advice Rickny which I'll certainly keep in mind. They don't ask to visit the bank, I happen to have to be in that neighborhood today (they have at least 6 near me lol!) and I prefer in person because my direct deposit isn't enough for the $6000 and will see if they accept as addition, my charity gift annuities.

Besides the $6000 direct deposit and to avoid the $25 fee, they ask for a balance of $25,000 which, they write, can be a combination of checking and other accounts, so if I understood correctly, I can split the $25,000 between this bonus checking and a savings. I asked on the phone, can I have a $20,000 on checking and $5000 on savings and the man said yes. All of this I'll hopefully find out today and will be able to confirm to you what I learn.
Rosedala
  |     |   Comment #13
Hi again, the info I gave is correct per my phone call just now, but I'll have to pass since she couldn't give any assurances that my annuities will be accepted to add to my SS. It's not worth it for me to go through the trouble and embarrassment of having those annuities change the destinations, then if not accepted change back again...too bad for me...that's (banking) life lol! But I do hope you and others will do it as I think it's worth it if you have all their requirements. :)
TD Bank Offers $200 Savings and $300 Checking Bonuses In 16 States
Deal Summary: $200 bonus, TD Beyond Savings or TD Simple Savings; $300 bonus, TD Beyond Checking.

Availability: Available in CT, DC, DE, FL, ME, MD, MA, NH, NJ, NY, NC, PA, RI, SC, VA, and VT.

Now through March 31, 2021, TD Bank is offering a $200 bonus when opening a new TD Beyond Savings or TD Simple Savings account, depositing at least $20k of new money (not currently held in a TD Bank retail deposit account) within 20 calendar days of account opening, and maintaining a minimum...

Continue Reading
TD Bank Offers Online $150 and $300 Checking Bonuses

Deal Summary: $150 Convenience Checking bonus and $300 Premier Checking bonus.

Availability: Checking bonuses are available only online to residents of CT, DC, DE, FL, ME, MD, MA, NH, NJ, NY, NC, PA, RI, SC, VA, and VT.

TD Bank is again now offering its $150 Convenience Checking bonus and $300 Premier Checking bonus that are available exclusively online to new checking customers. The promotion page states the this is a “limited time offer,” but no end-date is mentioned.

$150 Convenience Checking Bonus

  • Open a new Convenience Checking account online.
  • Have at...
Continue Reading
TD Bank Has $50/$150/$300 Checking Bonuses and $100 Savings Bonus

Deal Summary: $50 Simple Checking bonus; $150 Convenience Checking bonus; $300 Premier Checking bonus; $100 Select Savings bonus.

Availability: Checking bonuses are available only to residents of CT, DC, DE, FL, ME, MD, MA, NH, NJ, NY, NC, PA, RI, SC, VA, and VT.

TD Bank, National Association (TD Bank) is now offering a variety of checking bonuses, including a $50 Simple Checking bonus, a $150 Convenience Checking bonus, and a $300 Premier Checking bonus that are available new checking customers. TD Bank is also offering a $100 bonus when...

Continue Reading
TD Bank Has Online $150/$300 Checking Bonuses
Availability: Checking bonuses are available only online to residents of CT, DC, DE, FL, ME, MD, MA, NH, NJ, NY, NC, PA, RI, SC, VA, and VT.

In the past year, I've written about TD Bank, National Association (TD Bank) checking bonuses that have been offered in conjunction with the opening of new branches. While those bonuses were essentially a gift for opening a new account, they were limited to the specific new branch and required an in-branch visit.

TD Bank is now offering a $150 Convenience Checking bonus and...

Continue Reading
TD Bank Offers $150 Visa Gift Card At 3 New York Branches

UPDATE 10/23/2015: Same promo available now through November 22, 2015, at new TD Bank branch at 175 Varick Street (NYC, Greenwich Village area).

Availability: Three new branch locations in New York City and Brooklyn.

At the risk of dating myself, I can remember when you went into a bank to open a new account, you walked out with a toaster.

Three newly-opened New York TD Bank, National Association (TD Bank) branches have upped the ante: now through October 18, 2015, when you open a TD Premier Checking account (minimum $2.5K...

Continue Reading

More Past Offers



The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.